CPI Report Shows US Inflation Slowed in May

The transcript discusses the accuracy of economic forecasts, focusing on core metrics and the status quo of the Federal Reserve's stance. It highlights trends in energy prices, market conditions, and the Consumer Price Index (CPI). The analysis extends to rent and airfare price changes, indicating market pressures. The discussion concludes with potential Federal Reserve actions and inflation trends, questioning what might prompt a change in monetary policy.

What was the core inflation rate as forecasted in the report?

• 4/10

• 6/10

• 5/10

• 7/10

Which sector experienced a 5.6% decrease in prices?

• Used cars

• Apparel

• Airfare

• Energy

What change was observed in the rent of primary residence?

• No change

• Decreased by 5/10

• Increased by 6/10

• Increased by 5/10

How much did long airfares decrease in the latest report?

• 2.6%

• 3.6%

• 4.6%

• 1.6%

What is the potential question for Jerome Powell regarding future economic decisions?

• Will the Federal Reserve lower interest rates?

• What will cause a rate increase in July?

• Is there a plan to increase energy prices?

• How will the CPI be calculated?