CPI Report Shows Predicted Inflation At Fed's Target Range With Varying Underlying Sectors
This cartoon ran in the Dallas Morning News, May 24, 1945, Section 2, Page 2

This morning's Consumer Price Index (CPI) was reported at 1.9% YoY for March vs 1.8% consensus estimate.

Excluding food and energy CPI was reported YoY for March at 2.0% vs 2.1% estimate.

Month over month CPI was reported at 0.4% vs 0.3% consensus estimate, and 0.1 vs 0.2% MoM ex food and energy.

The underlying numbers showed wages slowing but housing costs rose dramatically.

https://cdm.press/news/markets/2019/04/08/factory-orders-beat-slightly/