Fed's Nightmare: CPI Inflation In Services Reheats (Not Tariffed), While Inflation In Durable Goods, Apparel And Footwear (Tariffed) Remains Cool
Source: SeekingAlpha
2025-07-16 02:25:00 ET
The shocker was the re-acceleration of inflation in services. Services are not tariffed. They include housing costs, medical care, health insurance, auto insurance, subscriptions; telephone, internet, and wireless services; lodging, rental cars, education, movies, concerts, sports events, club memberships, public transportation, water, sewer, trash collection, motor vehicle maintenance and repair, etc. And that’s where inflation re-accelerated....
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Fed's Nightmare: CPI Inflation In Services Reheats (Not Tariffed), While Inflation In Durable Goods, Apparel And Footwear (Tariffed) Remains Cool
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