Inflation is still hot — well above the Fed's target.

Inflation · CPI (year-over-year)

CPI: 4.17% — Running at 4.2% a year — well above the Fed's 2% goal.

Core CPI (year-over-year)

Core CPI: 2.82% — Running at 2.8% a year — still above the Fed's 2% goal.

PCE Inflation (year-over-year)

PCE: 3.77% — Running at 3.8% a year — still above the Fed's 2% goal.

Real Wage Growth (year-over-year)

Real wages: 0.80% — Up 0.8% from a year ago — paychecks are outpacing inflation.