Inflation Clues From Sticky Prices

To solve the mystery created by the inflation worries that are in the news, we can look at sticky and flexible prices.

There’s Lots More To the CPI Than One Number

Seemingly a single number, the CPI market basket is composed of wildly different flexible and sticky prices that provide a different view of inflation.

Up Like a Rocket, Down Like a Feather

At your local gas station, you might be seeing some sticky prices. Although barrels of West Texas Intermediate (WTI) and Brent Crude have steadily gotten cheaper, the price at the pump has had a less steep downward trajectory. One economic study…