Thursday, November 15, 2007

Everything You Need To Know About CPI

The year over year percentage change from Econoday:



Non inflation here. None at all.

One of the main issues going forward is what the Fed can and will do about interest rates. This y/y increase leads me to conclude the Fed is getting backed into more and more of a corner about future interest rate cuts. I could be wrong, however, because I think energy and food prices count.