Core Consumer Prices Rose More Than Forecast in February

The video discusses the latest CPI data, highlighting a 0.4% gain in the headline CPI and a 0.5% increase in the core CPI, which is higher than expected. The year-over-year core CPI falls to 5.5%, while the headline CPI meets expectations at 6%. The discussion covers market reactions, noting that the two-year yield remains stable despite the hotter-than-expected core read. The video also examines the impact of shelter costs and other economic indicators like gasoline and used cars on the CPI. Finally, it analyzes the core X housing and goods inflation, noting no change from previous months.

What was the monthly gain in the core CPI, and how did it compare to expectations?

• 0.5%, higher than expected

• 0.6%, much higher than expected

• 0.4%, lower than expected

• 0.3%, as expected

How did the market react to the CPI data in terms of the two-year yield?

• The yield increased significantly

• The yield was highly volatile

• The yield decreased significantly

• The yield remained relatively stable

What was the general market perception of the CPI data?

• Backward-looking and less relevant

• Forward-looking and highly impactful

• Neutral and expected

• Unexpected and alarming

Which component of the CPI saw a 0.68% gain, contributing to the overall increase?

• Gasoline

• Food

• Shelter

• Used cars

What was the change in goods inflation according to the latest data?

• Increased to 2%

• Dropped to 1%

• Remained unchanged

• Increased to 1.5%