The Dec CPI details far better…ex-auto insurance, core CPI +0.25% MoM. Inflation still falling like a rock.

VIDEO: We discuss how the Dec CPI was actually very good, only blemished by auto insurance which is now 50% of core services CPI. (Duration: 4:41).

December CPI was released yesterday with core CPI coming in at +0.31% MoM, slightly ahead of consensus of +0.3%. Many pundits viewed this report as evidence inflation progress is too slow and even Cleveland Fed President Mester weighed in yesterday, saying yesterday's report a...

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