Pantheon Macroeconomics - After four straight above-trend increases in the core CPI, you could be forgiven for thinking that something is afoot. It's still too soon, though to rush to judgment. The data show three previous streaks of 0.2%-or-bigger over four-month periods since the crash of 2008, and none of them were sustained.

U.S. | 26 May. 2015 Is Core Inflation Really Rising, or are the Recent Gains Just Noise?
After four straight above-trend increases in the core CPI, you could be forgiven for thinking that something is afoot. It's still too soon, though to rush to judgment. The data show three previous streaks of 0.2%-or-bigger over four-month periods since the crash of 2008, and none of them were sustained.

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26 May. 2015 Is Core Inflation Really Rising, or are the Recent Gains Just Noise?

By Ian Shepherdson

After four straight above-trend increases in the core CPI, you could be forgiven for thinking that something is afoot. It's still too soon, though to rush to judgment. The data show three previous streaks of 0.2%-or-bigger over four-month periods since the crash of 2008, and none of them were sustained.

Posted: 26th May 2015 in 'U.S.'

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