The consumer price index for July 2022 increased 8.5%, lower than the 9.1% annual gain in June. Month-to-month CPI change was zero. The peak and decline in oil prices and drop in gasoline prices in July drove half of the monthly decreases. Excluding volatile food and energy components, core CPI…
Forecasts for July CPI Forecasts of the slowdown in July CPI, released on August 2, were captured in the Inflation Nowcasting from the Cleveland Federal Reserve. The July month-to-month CPI is estimated at 0.27%, followed by less than 2% monthly increases to December 2022, as indicated by the swap market.1 The…
The Changing Characteristics of Inflation From 2015 to 2020, 5-year-ahead inflation was defined as 5-year implied inflation less 10-year implied inflation, or 5-year inflation five years ahead of current inflation. When 5-year-ahead inflation is less than 5 or 10-year implied inflation, it indicates a deflation formation, as future inflation expectations are…
A number of approaches forecast a cycle low in the “bear” stock market in July 2022. The data in the bull camp are as follows: a third big week in five for small caps, signs exchange-traded fund buyers have become healthily demoralized, and measures of market breadth expanding in ways…
IDC Financial Publishing, Inc.’s (IDCFP) nontraditional approach to analyzing financial ratios offers a unique perspective to understand a credit union’s level of risk and profitability. Credit unions are compared over time with financial ratios (see attached table Credit Unions National Totals). Using this method, you can also get a similar…
