{"id":2967,"date":"2021-05-20T18:36:54","date_gmt":"2021-05-20T18:36:54","guid":{"rendered":"https:\/\/staging.glenview-insights.com\/blog\/?p=2967"},"modified":"2021-09-01T21:28:53","modified_gmt":"2021-09-01T21:28:53","slug":"monitoring-inflation","status":"publish","type":"post","link":"https:\/\/glenview-insights.com\/blog\/monitoring-inflation\/","title":{"rendered":"Monitoring Inflation"},"content":{"rendered":"\t\t
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Is Runaway Inflation a Threat?<\/u><\/strong><\/p>\n

For we can fly, we can fly up, up and away
<\/em>My beautiful, my beautiful balloon<\/em><\/h6>\n
 <\/i>            <\/i>Lyrics by Jimmy Webb and recorded by the 5th Dimension<\/span><\/h6>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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The recently reported April U.S. consumer inflation (CPI) reading at 4.2% year-over-year was the fastest pace since 2008. This rapid increase gave rise to concerns that inflation could be getting out of control in the wake of massive stimulus to combat the impact of the COVID-related economic shutdowns. Meanwhile, the Federal Reserve continues to view the recent spike in inflation as \u201ctransitory.\u201d This piece analyzes the current inflation data and outlines the indicators Glenview is watching to judge the situation.<\/p>

The reopening of the economy has caused some of the upward inflation pressures (Chart 1<\/strong>). Airline fares, car rental, and hotel costs have rebounded due to increased travel, with TSA throughput at the highest level since COVID. Used car prices have risen due to supply chain disruptions impacting new auto production and stimulus payments boosting demand. A good portion of the quick pace of these price increases should prove to be temporary as supply is restored.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t<\/div><\/div><\/div><\/div><\/div><\/section><\/div> Continue reading<\/span><\/a>","protected":false},"excerpt":{"rendered":"

Is Runaway Inflation a Threat? For we can fly, we can fly up, up and awayMy beautiful, my beautiful balloon              Lyrics by Jimmy Webb and recorded by the 5th Dimension The recently reported April U.S. consumer inflation (CPI) reading at 4.2% year-over-year was the fastest pace since 2008. This rapid […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[242],"tags":[],"class_list":["post-2967","post","type-post","status-publish","format-standard","hentry","category-archive"],"acf":[],"_links":{"self":[{"href":"https:\/\/glenview-insights.com\/blog\/wp-json\/wp\/v2\/posts\/2967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glenview-insights.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/glenview-insights.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/glenview-insights.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/glenview-insights.com\/blog\/wp-json\/wp\/v2\/comments?post=2967"}],"version-history":[{"count":42,"href":"https:\/\/glenview-insights.com\/blog\/wp-json\/wp\/v2\/posts\/2967\/revisions"}],"predecessor-version":[{"id":3017,"href":"https:\/\/glenview-insights.com\/blog\/wp-json\/wp\/v2\/posts\/2967\/revisions\/3017"}],"wp:attachment":[{"href":"https:\/\/glenview-insights.com\/blog\/wp-json\/wp\/v2\/media?parent=2967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/glenview-insights.com\/blog\/wp-json\/wp\/v2\/categories?post=2967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/glenview-insights.com\/blog\/wp-json\/wp\/v2\/tags?post=2967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}