Posts by Brian Hayes

October Inflation Data: The Tide May Be Turning

October Inflation Data: The Tide May Be Turning

Wage pressures may finally be building. The Labor Department recently reported that average hourly earnings for private employees rose 0.4% month-over-month – a 2.5% year-over-year rate that was the highest reading since 2009. And then October’s Consumer Price Index (CPI) report provided evidence that this is feeding through to consumer prices.
Recent Inflation Signals Positive for TIPS

Recent Inflation Signals Positive for TIPS

Investors who monitor inflation had been eyeing the third week of June for some time: A pivotal Fed meeting, the May U.S. Consumer Price Index (CPI) report and a 30-year TIPS (Treasury Inflation-Protected Securities) auction were all scheduled to occur within a 23-hour window. All three events had potential ramifications for TIPS investors.