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Nick Timiraos: Different inflation measures offer conflicting views on disinflation, with a newer version suggesting it has stalled.
Nick Timiraos noted that while the symmetric measure indicates inflation has not progressed towards the Fed's target for some time, and is lower than the core measure, two different approaches to filtering out shocks yield contrasting conclusions. One measure (24/31) suggests disinflation has continued, but a newer version (19/20) indicates it has stalled.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
Previous: Wingtech Technology's revenue for the first half of 2026 decreased by 94.02% year-on-year to 1.514 billion yuan, and the net profit attributable to the parent company turned into a loss of 406 million yuan, due to the divestiture of its product integration business to focus on semiconductors.
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Next: OpenAI's Chief Revenue Officer and other key executives have successively resigned on the eve of its IPO, raising market concerns about its stability.
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