Source: Bloomberg Visual Data
From Bloomberg Visual Data:
A weakening in price growth over the past two years can largely be blamed on muted costs for health care, cars, clothing and financial services. Core PCE inflation running at 1.09 percent owes much of its small climb to housing-related prices. The rise in those costs, including rent, has begun to slow, keeping a lid on inflation.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.