Dec 12, 2024
Inflation is NOT RISING
There are bump ups in downturns.
It's pretty clear the trend rate of inflation is falling. One bump up doesn't justify a reacceleration. The Fed will cut in December and likely pause for the next meeting.
Supply chain prices lead CPI inflation and they are also cooling.
Rent/Housing Inflation continues to fall. This is the largest portion of the pie.
Motor vehicle Inflation picked up a bit, from negative levels.
What does all that mean? The Bull market continues.