Secular inflation is here

Green light?
It’s still above target while the S&P is within 4% of its all time high.
Seems more like “steady as she goes” to me

Sep 11, 2024

CPI YoY 2.5%, expected 2.5%
CPI MoM: 0.2%, expected 0.2%

CPI core YoY 3.2%, expected 3.2%
CPI core MoM 0.3%, expected 0.2%

Nov 13, 2024

CPI YoY 2.6%, expected 2.6%
CPI MoM: 0.2%, expected 0.2%

CPI core YoY 3.3%, expected 3.3%
CPI core MoM 0.3%, expected 0.3%