Topic: Everyday Price Index

AIER Everyday Price Index Hits All-Time Record in March 2024

– April 10, 2024

“It is increasingly clear that the choice to stop rate hikes at the 5.25 to 5.50 policy rate range was at best premature and may ultimately prove insufficient.” ~Peter C. Earle

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AIER’s Everyday Price Index Spikes 0.73 Percent

– March 12, 2024

“While tailwinds from normalizing supply chains are cooling goods prices, concerns linger about the sustainability of this trend. In particular, the February CPI readings strongly suggest that the January updraft was not anomalous.” ~Peter C. Earle

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AIER’s Everyday Price Index Rises 0.52 Percent in January 2024 

– February 13, 2024

“The January 2024 CPI report highlights the challenges of returning inflation to the Fed’s target range and suggests a bumpy road ahead.” ~Peter C. Earle

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AIER’s Everyday Price Index Ends 2023 with Third Consecutive Monthly Decline

– January 12, 2024

“The recent reduction in disinflationary pressures related to core goods, which had been a significant factor in easing price pressures in recent months, seems to have diminished.” ~Peter C. Earle

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AIER’s Everyday Price Index Sees Largest Decline in 2023

– December 13, 2023

“While the likelihood of another rate hike in the final FOMC meeting of 2023 this week is low, the slowing rate of disinflation and stubbornly elevated prices suggest that speculation regarding the start of rate cuts is, at best, early.” ~Peter C. Earle

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AIER’s Everyday Price Index Rises 0.29 Percent in September 2023

– October 12, 2023

“Spots of price momentum in the September CPI support the Federal Reserve’s higher-for-longer mantra, and raise the possibility that even now policy rates are insufficiently restrictive.” ~Peter C. Earle

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AIER’s Everyday Price Index Sees Biggest Monthly Jump since January

– September 13, 2023

“Despite some improvements since the apparent peak 13 months ago, consumers and businesses are still contending with 31 months of above-trend rising prices.” ~ Peter C. Earle

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AIER’s Everyday Price Index Rises 0.34 percent in July 2023

– August 10, 2023

“Ninety percent of the increase in the headline index was accounted for by increases in shelter costs, with additional contributions from motor vehicle insurance and food at home prices.” ~ Peter C. Earle

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AIER’s Everyday Price Index Edges Up in June 2023

– July 13, 2023

“The combination of Fed rate hikes and easing demand is clearly having the intended disinflationary effect on the general price level as measured by the various CPIs.” ~ Peter C. Earle

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AIER’s Everyday Price Index Declines Slightly in May 2023

– June 14, 2023

“A slew of contradictory data muddying the assessment of the monetary tightening measures has recently been released.” ~ Peter C. Earle

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AIER’s Everyday Price Index Up 0.60 Percent in April 2023

– May 13, 2023

“AIER’s Everyday Price Index (EPI) rose 0.60 percent in April 2023 following being essentially unchanged in March and rising 1.6 percent in January and February.” ~ Peter C. Earle

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AIER’s Everyday Price Index Flat in March 2023

– April 12, 2023

“AIER’s Everyday Price Index (EPI) rose 0.03 percent in March 2023, following increases of 0.93 percent in January and 0.67 percent in February.” ~ Peter C. Earle

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