vrijdag 12 mei 2017

Core CPI Slumps To 19-Month Lows, Below Fed Mandate

For the first time since October 2015, core consumer prices rose at a pace slower than The Fed's mandate. The 1.9% YoY rise is the weakest print since Sept 2015. The last time this pattern played out, in 2012, The Fed unleashed Operation Twist and subsequently QE3 to stall the disinlationary dive... 


This time they are hiking rates?? Perhaps even more concerning is that Core inflation ex-shelter is at its lowest since Feb 2015 and near record lows...