Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
CPI Shows the Path to Normalization will be Slow and Volatile
The August Consumer Price Index came in hotter than expected at 8.3%, with core inflation at 6.3%. The month-over-month rise in core CPI of 0.6% was double expectations, continuing the trend of rising inflation. Two additional measures that reflect the more persistent components of inflation, the trimmed mean PCE and sticky price index, continue to hit multidecade highs.
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