US Inflation Slowdown in Sight
Bloomberg Businessweek
00:00
The Fed's Inversion of the Core Rate
Mike McKee: This was a status quo report. It didn't move the ball much one way or another. We saw inflation move up a little bit on a headline basis largely because of the energy. The core rate not go down very much largely because of housing and these are stories that we have seen before. So this isn't going to change the way the Fed is looking at the overall economy, Mike says.
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