US inflation stuck at zero

24 February 2016

 

Despite financial markets recent preoccupation with commodity prices and China, US consumer inflation figures are still possibly the single most important piece of data for US bond markets. The U.S Bureau of Labor Statistics has now released January CPI figures and the headline inflation rate came in at 0.00% for the month, the same as December’s figure and higher than the market’s estimate of -0.10%. Energy and food prices registered price...

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