Post by NIVESH RUSTGI on Mar 3, 2023 21:41:11 GMT -5
Inflation remains sticky
The biggest worries of the current bear cycle, which began in 2022, have been decade-high inflation. In January, the Consumer Price Index (CPI) came in hotter than expected, with a 0.2% increase versus the previous month.
There are some additional signs that inflation may remain sticky. Inflation in the housing sector, which commands more than 40% of the weightage in the CPI calculation, has shown no sign of a downturn.
The biggest worries of the current bear cycle, which began in 2022, have been decade-high inflation. In January, the Consumer Price Index (CPI) came in hotter than expected, with a 0.2% increase versus the previous month.
There are some additional signs that inflation may remain sticky. Inflation in the housing sector, which commands more than 40% of the weightage in the CPI calculation, has shown no sign of a downturn.