The Cleveland Fed’s nowcast suggests month-on-month inflation will come in at 0.19% and core inflation will be ... Fed’s policies bringing inflation under control.

However these more volatile prices are stripped out of the core inflation that the Fed monitors, that has stayed in a 5% to 7% range. Headline inflation has come down ... to well under 8% ...

Additionally, the core inflation rate ... ago when I left office we had no inflation —and we had...virtually no inflation during my entire four years... Under Biden and Harris, because ...

The details of the report could be a bit better for the long-term inflation outlook. The median forecast calls for "core" inflation ... to see the PPI Index come in well below expectations ...

then that year-over-year core PCE metric should drop substantially, maybe 2.4% year-over-year or lower by March. So, if the data comes in in a reasonable way, not even super low inflation ...

A data-dependent Federal Reserve will likely push back the timing of its first interest rate cut after the Consumer Price Index (CPI) revealed that inflation ... and core CPI have come in hot ...

This chart shows how the Federal Reserve's preferred inflation gauge has moved in recent years—including the spike in price ...

While core inflation is experiencing a more controlled decline, investors should keep in mind that year over year core inflation has come in at ... inflation to drop to under 3% on a year-over ...

But under the hood, a moderation in core inflation offers some reassurance ... but Caldwell thinks one could come sooner if inflation data looks more favorable over the next few months.

Inflation cooled markedly last month ... be indicative of a larger disinflation narrative when Core PCE, the Fed's preferred gauge, comes out on July 26. There are still two more inflation ...