Yup, consumers have to spend more to buy the same stuff.
Gone are the kid gloves.
Dallas-Fort Worth, not San Francisco, is in second red-hottest place.
Even as “hedonic quality adjustments” perform miracles to repress surging new and used vehicle inflation.
Been reading misleading headlines about low inflation again?
When the “hot money” gets antsy, a currency crisis morphs into a debt crisis.
They’re hot, price inflation is building up.
Fed’s favorite inflation gauge spikes, consumer spending holds up solidly.
Salaries, wages, benefits: a combustible fuel for the Fed’s tightening machine.