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September 11, 2013
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March 30, 2017
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January 28, 2015
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January 12, 2019
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March 30, 2017
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April 27, 2017
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The forecast/guess is particularly interesting because demand has to tank. We are not going to produce more and increase productivity; thats fairly obvious. Core inflation stayed at the same level for months now. Full employment. What will trigger the sudden change in CPI trends? This tells me the Bank is thinking “a major recession”.
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April 14, 2021
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6:22 am
November 15, 2018
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April 27, 2017
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CPI wasn’t “zero”. If you are trying to say that inflation was zero (aka CPI didn’t change), you would be correct but inflation is measured on an annualized basis and there is a good reason for that.
Core inflation remained very high; only the notoriously volatile oil prices helped to reduce the headline number a bit.
2:20 pm
November 15, 2018
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mordko said
CPI wasn’t “zero”. If you are trying to say that inflation was zero (aka CPI didn’t change), you would be correct but inflation is measured on an annualized basis and there is a good reason for that.Core inflation remained very high; only the notoriously volatile oil prices helped to reduce the headline number a bit.
If you care to reread my post I said "From May to Dec the CPI was basically zero". I stand by that & included a chart as confirmation of my statement.
6:09 pm
October 29, 2017
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dommm said
If you care to reread my post I said "From May to Dec the CPI was basically zero". I stand by that & included a chart as confirmation of my statement.
I don’t think you understand CPI and inflation. CPI is a value and it’s never zero or anywhere near zero. Inflation can be zero, positive or negative. CPI and year over year inflation haven’t been anywhere near zero. What you are trying to convey here, I think, is that CPI values aren’t increasing as fast and inflation is decelerating. There is no zero.
Please write your comments in the forum.