The Week Ahead: Fast-cooling inflation is not a slam dunk

Published by
Miami Herald

For financial nerds, the Big Three are not LeBron James, Dwayne Wade and Chris Bosh of the NBA’s Miami Heat circa 2012. The Big Three of inflation are not nearly as flashy, but they are the stars dominating the field. Rent, home ownership costs and eating out are what the Federal Reserve Bank of Dallas refer to as the Big Three of inflation. The regional bank calls these prices the “largest and least-volatile components of core services.” In the middle of oil country, energy prices do not reign supreme as an inflation gauge. Much is made of core inflation — inflation minus food and energy — wi…

Read More