6min chapter

Moody's Talks - Inside Economics cover image

CPI, Cars, and Credit Conditions

Moody's Talks - Inside Economics

CHAPTER

The Slowdown in Inflation

Super core is services, excluding housing. It's the part of the CPI that the Federal Reserve is most focused on,. And it's been the most persistent, sticky source of inflation. The super core for the month, six months and one year are 0.3, 3.6, excuse me, 3.8 and 5.6. That's within spitting distance of where it was pre pandemic. So a reason to be optimistic. But is that enough to pause or? I mean, I don't get it, right? You've got inflation coming in. Job growth is slowing. Wage growth is rolled over. It's moderating very quickly. Why in the world wouldn't

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