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What's Going on with U.S. Inflation?

Discussion in 'Fundamental Analysis' started by ActionForex.com, Feb 21, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Yesterday's U.S. CPI report for January was not what the doctor ordered for the ailing U.S. economy. The annual rate for core CPI edged up a notch to 2.5%, testing the upper bound of the Fed's implicit comfort level. To make matters worse, the three-month annualized trend accelerated to 3.1%,...

    complete article here...

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