Michael Bryan
Michael Bryan's Latest Articles | 7
Taking a Deeper Dive Into the Definition of Inflation
Sometimes our familiarity with a topic gets in the way of our understanding of it. I often think that about inflation. It’s widely known that inflation is... Read »
Is the Economy Hitting Stall Speed?
The news that the U.S. economy is not only growing slowly but has grown more slowly than anyone even knew has justifiably rattled some nerves. The sentiment is captured... Read »
Should We Even Read the Monthly Inflation Report? Maybe Not. Then Again…
In a recent issue of Economic Synopsis, our colleague Dan Thornton of the St. Louis Fed questions the usefulness of the traditional core inflation statistics—the... Read »
Gauging the Inflation Expectations of Business
Last Friday, the U.S. Bureau of Labor Statistics (BLS) reported that the consumer price index (CPI) declined in June for the third consecutive month. And although... Read »
How Close to Deflation Are We? Perhaps Just a Little Closer than You Thought
Since last October, the consumer price index (CPI) has gone up an annualized 0.7 percent. On an ex-food and energy basis, the number is a little lower, at 0.5... Read »
Sticky-price CPI up slightly in April… Wait, what?
No matter how you cut the April report on consumer prices, retail inflation keeps coming up zero. Here are the key points: The consumer price index (CPI) fell... Read »
Disinflation: Is It All Housing? I Think Not – and I’m Not Alone
Yesterday, the Federal Open Market Committee minutes contained this observation: While the ongoing decline in the implicit rental cost for owner-occupied housing... Read »
Housing Back in the News
Two reports released this week remind us of the difficulties still confronting the residential real estate market. First, the consumer price index (CPI) showed continued... Read »
The September CPI with All the Trimmings
Yesterday, the U.S. Bureau of Labor Statistics reported that retail prices rose 2 percent (annualized) in September, and it characterized the increase as “broad... Read »






