CPI, Cars, and Credit Conditions
Moody's Talks - Inside Economics
00:00
The Fed's Progress on Inflation
The core CPI also came down a bit. It's 0.4% on the month, 5.6% year over year. So still far from where the Fed wants it, but making some progress slowly towards the goal. Housing is of course a very important component here. And there we are seeing some signs of the rent growth moderating as we expected.
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