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Fed releases FOMC minutes, PPI raises: Is inflation under control?
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While CPI inflation is at 3.7%, inflation is much higher in ...

While CPI inflation is at 3.7%, inflation is much higher in many basic necessities:

1. Car Insurance Inflation: 18.9%
2. Car Repair Inflation: 10.2%
3. Transportation Inflation: 9.1%
4. Rent Inflation: 7.4%
5. Homeowner Inflation: 7.1%
6. Food Away From Home Inflation: 6.0%
7. Meat & Poultry Inflation: 4.8%

While headline inflation is down from its highs, many basic necessities are still seeing 5%+ inflation.

It's also worth noting that we do NOT have deflation, we have disinflation.

While the rate of inflation is DOWN, prices are still RISING.

Affordability is still getting worse.
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