Inflation number may not be as bad

The core inflation was primarily driven by new and used car price.

Very importantly, the shelter price increase was decelerating. 

At this point, The fed pay more attention to service inflation than goods inflation. The logic behind this is that the goods disinflation is doing quite well and will will continue to do well (They have confident ),  but will eventually run out of steam. When that happens,they want to see service disinflatioin will  kicks in. Today's number was primarily driven by goods inflation (used and new cars). Used and new car price may not as sticky as shelter price. 

Again, 這裏不預測市場走向。just information sharing. 

所有跟帖： 

• disinflation? 開啥玩笑 -zipzoomfly18- ♂ (0 bytes) () 03/12/2024 postreply 05:49:00

• Core CPI is not deteriorating from previous month -未知就是風險- ♂ (150 bytes) () 03/12/2024 postreply 06:05:36

• 大部分公司三月份漲工資，到時候看 -zipzoomfly18- ♂ (0 bytes) () 03/12/2024 postreply 06:11:00