Where is inflation when you need it? US December CPI

21 January 2016

 

CPI figures in the US have been persistently low since falling significantly in 2011. The US Fed is keen to get the figures higher but the oil price has reached multi-year lows at under US$30 per barrel and inflation is remaining difficult to budge. In the days before the release of the latest inflation figures, local analysts thought the headline result was likely to remain unchanged. The U.S Bureau of...

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