Used-Vehicle Wholesale Prices Plunged, but Not Retail Prices; They’re Still in the Ridiculous Zone by Wolf Richter • Nov 7, 2022 • 109 Comments Buyers’ strike is in effect. Used vehicle retail sales drop, dealers sing the blues but don’t want to cut prices from their ridiculous levels.
Horror-Show Inflation in Euro Countries: Overall 10.7%, Germany 11.6%, Without Energy 6.9% by Wolf Richter • Oct 31, 2022 • 157 Comments “Defeating inflation is our mantra, our mission, our mandate,” that’s “why we have to raise interest rates”: Lagarde now after years of money-printing.
Last, Most Important Inflation Measure before the Fed’s Meeting Next Week, “Core PCE,” Worsened for 2nd Month in a Row by Wolf Richter • Oct 28, 2022 • 238 Comments No signs of inflation slowing down, as measured by the yardstick for the Fed’s 2% inflation target.
Services Now Drive Inflation: Worst in 40 Years Services CPI & “Core CPI” Show Inflation Is Entrenched in Broad Economy. Some Goods Prices Fall, Gasoline Plunges by Wolf Richter • Oct 13, 2022 • 225 Comments Health insurance up 28%. Housing costs spike. Food-away-from-home spikes most since 1981. But used vehicle CPI falls. Inflation Whac-A-Mole.
Social Security COLA for 2023 Biggest since 1981, Might Finally Outpace Inflation, Unless Inflation Dishes Up More Surprises by Wolf Richter • Oct 13, 2022 • 197 Comments Beneficiaries got whacked over the head in 2021 and 2022 by raging inflation that outran the COLAs.
The WOLF STREET Real-World New-Vehicle Price Index, F-150 XLT & Camry LE, 2023 Models: Ford’s Truck Price Shocker by Wolf Richter • Oct 12, 2022 • 132 Comments But Toyota barely raised the price of the Camry. Here are 32 years of real-world price increases compared to the CPI for New Vehicles.
Something Big Has Already Broken: Price Stability by Wolf Richter • Oct 11, 2022 • 138 Comments The Fed will tighten “Until Something Breaks?” Wait a minute…
There’s Lots of “Liquidity” in the Treasury Market, but at Higher Yields, in this Raging Inflation by Wolf Richter • Oct 10, 2022 • 185 Comments Higher Yields Solve “Liquidity” Problems.
THE WOLF STREET REPORT: Something Big Has Already Broken: Price Stability by Wolf Richter • Oct 9, 2022 • 331 Comments The Fed will tighten “Until Something Breaks” and then pivot? Wait a minute…
Fed’s Favored Inflation Index Says: Underlying Inflation Just Isn’t Slowing Down at All by Wolf Richter • Sep 30, 2022 • 140 Comments Everyone wants to know when inflation is finally going to cry uncle.
