Consumer Price Index

October 10, 2019 The CPI was unchanged in September after having risen 0.1% in August and 0.3% in July..  During the past year the CPI has risen 1.7%. Food prices rose 0.5% in September after having been unchanged in August.  Food prices have risen 2.2% in the past...

Gasoline Prices

October 9, 2019 Gasoline prices at the retail level  rose $0.01 in the week ending October 7 to $2.65 per gallon.  In South Carolina gasoline prices tend to about $0.25 below the national average or about $2.40. The Department of Energy expects national gasoline...

The Case for Lower Rates

June 28, 2019 The Fed is split almost equally into two camps.  One group expects no change in rates between now and yearend.    The competing group expects a 0.5% rate reduction.  As we see it, the economy is chugging along at an acceptable pace and while inflation is...