Relentless Hiring In Healthcare & Government Doesn’t Care About Fed’s Interest Rate Hikes | Eric Pachman’s Data-Visualizations On Why Inflation & Hiring Are Sticky
Forward Guidance
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Analyzing Fluctuations in Healthcare Prices and Inflation Measurement Methods
The chapter explores fluctuations in healthcare prices within CPI and PCE, highlighting a deflationary period in healthcare costs during COVID-19 followed by a return to moderately inflationary levels. It discusses discrepancies in health insurance deflation data versus consumer experience, contrasting trends in health insurance measurements between CPI and PCE, and challenges in measuring inflation accurately. The speaker also delves into a critical analysis of the Consumer Price Index, particularly focusing on the owner-equivalent to rent component and the implications of targeting a specific inflation rate.
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