“Stagflation”: Core CPI Highest Since Lehman As Rent, Healthcare Costs Soar “This is stagflation: the Fed is increasingly f#*ked,” exclaimed one veteran trader as Core CPI – among The Fed’s favorite inflation indicators after PCE – surged to +2.3% YoY, the highest since Sept 2008. This is the 10th month in a row above the … Continue reading “Stagflation”: Core CPI Highest Since Lehman As Rent, Healthcare Costs Soar