US Far From Defeating Inflation, Brean's Ryding Says

The transcript discusses the persistent issue of inflation, challenging the notion that it is transitory. It highlights the role of rent and other factors in shaping inflation expectations and critiques the selective exclusion of certain data points in inflation analysis. The conversation also covers disinflationary elements, core inflation data, and anomalies in healthcare costs. Additionally, it addresses the Federal Reserve's communication strategy regarding interest rate policies and market expectations, emphasizing the need for a more accurate understanding of how high and how long rates will remain elevated.

Discuss the significance of the core CPI data mentioned in the text.

What communication issues are highlighted regarding the Federal Reserve's policy changes?