US inflation back to normal?

16 February 2017

 

Finally, the US Fed may be about to have its desire for inflation fulfilled. Consumer inflation has risen, in terms of both the headline consumer price index (CPI) and core CPI. January CPI figures released by the Bureau of Labor Statistics indicate consumer prices rose by 0.6% for the month, or double December’s 0.3% and well above the consensus market forecast of 0.3%. On a year-on-year basis, the CPI increased...

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