With a 0.2% rise in September core US consumer prices, hope has been given that inflation is at least moving in the right direction toward the Fed’s 2% target. “USD CPI m/m (-0.2% v -0.2% expected)” “USD Core CPI m/m (0.2% v 0.1% expected)” Low inflation has been a persistent headache for the Federal Reserve with a constant print below the much talked about 2% target. Alongside the always important employment readings, inflation has become the other major hurdle for the Fed to jump to begin
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