Summary
- July inflation came in under the consensus estimate of 0.2%.
- Gasoline prices fell sharply, breaking a four-month string of increases.
- Non-seasonally adjusted inflation fell 0.16% for the month, which will lower TIPS principal balances in September.
Read my full analysis on SeekingAlpha.com
Also, I’ve updated my Tracking Inflation and I Bonds page with the new numbers.
And here are new TIPS inflation indexes for September.
I just read all of the above, as always, very helpful and informative. Yes, predicting inflation, stock market, rates, etc.…