US Consumer Prices Rise More Than Forecast

The video discusses recent inflation trends, highlighting monthly and yearly changes. It covers sector-specific inflation in food, energy, and housing, noting a rise in food prices and a drop in energy costs. Automobile and airline prices are also analyzed, with a focus on methodological changes affecting car prices. The video examines market reactions to inflationary pressures and supply chain issues, and concludes with the Fed's response to the data, emphasizing their focus on core goods and disregard for volatile sectors like food and gasoline.

What methodological change did the BLS implement regarding new car prices?

What is the expected inflation rate by the end of the year according to the text?