Cents and Sensibility: the Inflation Guy Podcast cover image

Ep. 53: This Month’s CPI Report - Sticky Categories Are Still Sticky

Cents and Sensibility: the Inflation Guy Podcast

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CPI Inflation Report - The New High Is Not In

The month-on-month median CPI that's calculated by the Cleveland Fed was 0.65%, which is about the third highest number we've had for the entire move. There's nothing wonderful about a 0.42% core, which is around a 5% annualized rate. My forecast for 2023 is still median inflation somewhere between 4 and 5.

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