Core Services PCE Inflation Spikes (Not Tariffed), Durable Goods Inflation (where Tariffs Hit) Turns Negative Month to Month by Wolf Richter • Aug 29, 2025 • 84 Comments Services are where two-thirds of consumer spending goes. And that’s where inflation is. But it’s no longer in rents.
Powell Makes Room for Rate Cut. Fed Kills “Average Inflation” Targeting that Caused so Much Damage when Inflation Raged by Wolf Richter • Aug 22, 2025 • 161 Comments Fed to “proceed carefully” with changes to policy stance amid heavy concerns about rising inflation.
Core Services PPI Explodes, Worst since March 2020, Causes Overall PPI and Core PPI to Explode by Wolf Richter • Aug 14, 2025 • 223 Comments Food prices also spiked. Energy prices surged due to diesel, jet fuel, and industrial electric power. Ugly all around.
Fed’s Nightmare: CPI Inflation in Core Services Worst in 6 Months, Pushing Core CPI to Worst in 6 Months. Some Goods Prices Fell, Others Rose by Wolf Richter • Aug 12, 2025 • 209 Comments The shocker for the 2nd month was the re-acceleration of inflation in core services, the biggie, accounting for 60% of overall CPI.
Used Car & Truck Wholesale Prices amid Solid Retail Demand and Tight Supply by Wolf Richter • Aug 7, 2025 • 15 Comments Another squiggle, down this time, in moderate inflationary pressures that started a Year Ago.
PCE Inflation Accelerates in Services and Goods. What Powell Is Waiting For by Wolf Richter • Jul 31, 2025 • 91 Comments Not everything rose. Prices fell for new vehicles, auto parts, auto accessories, and phones.
Fed’s Rates Not Restrictive for Markets. Financial Conditions Ultra-Loose. Manias Form, Margin Debt Blows Out, Junk Bonds Party in La-La-Land by Wolf Richter • Jul 27, 2025 • 170 Comments There are exceptions: Parts of commercial real estate are in a depression, and the housing resale market has frozen.
Fed’s Nightmare: CPI Inflation in Services Reheats (not tariffed), while Inflation in Durable Goods, Apparel & Footwear (tariffed) Remains Cool by Wolf Richter • Jul 15, 2025 • 188 Comments While pundits looked with their magnifying glasses for tariffs in consumer goods prices, it was in services, which are not tariffed, where inflation took off again. Shocker? No
Used Car & Truck Wholesale Prices Been Rising for a Year, in Part Driven by Surging Prices of Used EVs by Wolf Richter • Jul 8, 2025 • 35 Comments Amid tight supply and solid demand.
Tariff Cash Is Rolling In: June’s Record Take Spikes by $20.5 Billion Year-over-Year by Wolf Richter • Jul 1, 2025 • 73 Comments Businesses have been paying them out of their huge profits and have not been able to pass them on to consumers so far.
