It shows which components are contributing to the overshoot of core inflation using the Fed's preferred target.
Core goods had returned to pre-pandemic trend, but it popped back up in January. Core services, particularly housing, improved.
It shows which components are contributing to the overshoot of core inflation using the Fed's preferred target.
Core goods had returned to pre-pandemic trend, but it popped back up in January. Core services, particularly housing, improved.