Friday, May 20, 2016

Bonddad Friday Linkfest: Energy Inflation and the Fed's Dove-Hawk Scale

The Consumer Price Index for energy declined 8.9 percent over the year ended in April, driven by a 13.8-percent decrease in gasoline prices. Prices for natural gas (-6.5 percent) and electricity (-2.1 percent) also contributed to the decline. Prices for other motor fuels, fuel oil, and propane, kerosene, and firewood were also down for the year, but together only make up 3.2 percent of the broader energy index.