Day before they release the next numbers. One of the biggest things that got trump elected was inflation. I can’t say I’ve ever seen more CPI talk in my lifetime. Now that trump is boss and promised to lower prices do we still care about CPI?
Do we care about CPI anymore?
- Thread starter DW4_2016
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Important for shaping policy when there is a defined trend? Sure. Personally, I care significantly more about PPI. Both are lagging indicators using backward looking data, thus limited to some extent.
This an area of economic data where tech advancements will be able to help with the organization, processing, and reporting of massive amounts of survey and other input data to eventually provide us with much more real time info. Truflation is one early effort using 24 hour update cycles. It looks positive. Don’t know enough about it yet to speak to its accuracy or usefulness or cite it with any confidence. But, it is interesting.
This backfired a touch OP.
This an area of economic data where tech advancements will be able to help with the organization, processing, and reporting of massive amounts of survey and other input data to eventually provide us with much more real time info. Truflation is one early effort using 24 hour update cycles. It looks positive. Don’t know enough about it yet to speak to its accuracy or usefulness or cite it with any confidence. But, it is interesting.
This backfired a touch OP.
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