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October CPI. Why Are We Ignoring the Health Insurance CPI changes?

American Economy Daily
Summary
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86% Informative

Consumer Price In American Economy Daily t October on a year-over-year basis, after three consecutive months of Fed -acceleration.

Price of regular unleaded gasoline fell from $3.81 at the start of the month to3.46 a gallon at the end.

Health insurance CPI dropped 34% over the past year, leading to a decrease in health insurance CPI.

Each cycle of rate hikes followed by rate cuts has resulted in a recession.

The market's reaction to the inflation report was positive for the banking sector.

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