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    CPI Report Shows Predicted Inflation At Fed's Target Range With Varying Underlying Sectors

    By CDM Staff
    April 10, 2019
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    CPI Report Shows Predicted Inflation At Fed's Target Range With Varying Underlying Sectors
    This cartoon ran in the Dallas Morning News, May 24, 1945, Section 2, Page 2

    This morning's Consumer Price Index (CPI) was reported at 1.9% YoY for March vs 1.8% consensus estimate.

    Excluding food and energy CPI was reported YoY for March at 2.0% vs 2.1% estimate.

    Month over month CPI was reported at 0.4% vs 0.3% consensus estimate, and 0.1 vs 0.2% MoM ex food and energy.

    The underlying numbers showed wages slowing but housing costs rose dramatically.

    Factory Orders Beat Slightly
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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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