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CPI Prep: Inflation is Getting Entrenched

CPI Prep: Inflation is Getting Entrenched

CPI auto-correlates which is one of the reasons why inflation can become entrenched... as it looks to be today.

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VBL
Dec 09, 2024
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CPI Prep: Inflation is Getting Entrenched
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Inflation is not going away. We will get November CPI this week, with core expected to come in at 3.3% again, and headline expected to inch higher to 2.7% from 2.6% in October.

-BBG Macro Analyst

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