Hey, Jay, Which Lowflation Needs A Rate Cut?

Annualized CPI Since June 2000:

  • Personal Computers=(-9.5%);
  • Durable goods=(-1.0%);
  • Commodities Less Food And Energy=(0.0%);
  • All services less energy=(+2.7%);
  • Tuition, school fees and child care=(+4.6%)