We – and more importantly the Federal Reserve – got another look at inflation this week as the June reports of consumer inflation (CPI) and wholesale inflation (PPI) were released June’s CPI report was the first to show some (albeit minor) impact from tariffs. The index rose 0.3% month over month and 2.7% year over […]

If you have read any of my posts over the past two years, you are familiar with at least one part of the Federal Reserve Bank’s dual mandate – price stability (said another way, combat inflation). We have spent many a Fridays dissecting the latest inflation data and debating when (or if) prices would start […]