{"id":92160,"date":"2023-12-18T20:22:26","date_gmt":"2023-12-18T20:22:26","guid":{"rendered":"https:\/\/funds.palos.ca\/issue-43-disinflation-is-the-true-narrative\/"},"modified":"2023-12-18T20:30:13","modified_gmt":"2023-12-18T20:30:13","slug":"issue-43-disinflation-is-the-true-narrative","status":"publish","type":"post","link":"https:\/\/funds.palos.ca\/fr\/issue-43-disinflation-is-the-true-narrative\/","title":{"rendered":"Issue 44 &#8211; Disinflation is the True Narrative"},"content":{"rendered":"<p>According to the November Survey of Consumer Expectations, conducted by the NY Fed, median inflation expectations declined to 3.4% at the one-year-ahead horizon, the lowest reading of the series since April 2021.The Adobe Digital Price Index, too, was 3.64% lower in November than the prior months, with the annual inflation rate at -6.43%. Unsurprisingly, and with the help of falling gas prices, headline CPI ticked down to 3.1% y\/y, with the 3-and 6-month annualised rate 1.6% and 2.8% respectively; while headline and core inflation rates excluding shelter were only 1.4% and 2.1% y\/y, respectively through November. US producer prices were flat from October, up just 0.9 y\/y, and prices for imported goods down 0.4% m\/m, 6.0% y\/y, making the trajectory for the disinflation narrative increasingly credible.<\/p>\n<p>Follow us on: <a href=\"https:\/\/www.linkedin.com\/company\/palos-management-inc.\/\"><strong>LinkedIn<\/strong><\/a><\/p>\n<p><span style=\"color: #000000;\">By Hubert Marleau<\/span><\/p>\n<p><strong><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/funds.palos.ca\/wp-content\/uploads\/2023\/12\/Macro_View_121823.pdf\">Continue Reading in PDF<\/a><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the November Survey of Consumer Expectations, conducted by the NY Fed, median inflation expectations declined to 3.4% at the one-year-ahead horizon, the lowest reading of the series since April 2021.The Adobe Digital Price Index, too, was 3.64% lower in November than the prior months, with the annual inflation rate at -6.43%. Unsurprisingly, and &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/funds.palos.ca\/fr\/issue-43-disinflation-is-the-true-narrative\/\"> <span class=\"screen-reader-text\">Issue 44 &#8211; Disinflation is the True Narrative<\/span> Lire la suite\u00a0\u00bb<\/a><\/p>\n","protected":false},"author":11,"featured_media":92150,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[31],"tags":[],"_links":{"self":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/92160"}],"collection":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/comments?post=92160"}],"version-history":[{"count":0,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/92160\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media\/92150"}],"wp:attachment":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media?parent=92160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/categories?post=92160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/tags?post=92160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}