The Latest ECI Report Breaks Another Piece of the Market's Narrative
April 30, 2024
The pickup in wage growth during Q1 remained well above its pre-pandemic average and put even more pressure on the market's rate-cut narrative moving forward as well as the Fed and their decisions regarding monetary policy as wage growth is one of the main determinants that can help fuel rises in inflation, and it's a metric that Fed officials and market participants pay close attention to in order to determine if there are underlying price pressures.
We Have a Communication Problem When It Comes to Inflation
December 18, 2023
Everyday people are getting disinflation and deflation confused when it's said, while the other side is either directly or indirectly disregarding their voices and focusing on inflation in aggregate, neglecting certain details and failing to see it from their perspective, which is where a lot of the problem lies. So, while prices aren't increasing as fast as they were, they are still increasing, i.e. affordability is still getting worse for the majority of people.