The core inflation was primarily driven by new and used car price.
Very importantly, the shelter price increase was decelerating.
At this point, The fed pay more attention to service inflation than goods inflation. The logic behind this is that the goods disinflation is doing quite well and will will continue to do well (They have confident ), but will eventually run out of steam. When that happens,they want to see service disinflatioin will kicks in. Today's number was primarily driven by goods inflation (used and new cars). Used and new car price may not as sticky as shelter price.
Again, 这里不预测市场走向。just information sharing.
