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Inflation edges above Fed comfort zone

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Amanda Lang

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The report from the Commerce Dept showed overall prices up a steep 0.5% and inflation once again eroding gains in personal income. But Feds and financial markets focus most heavily on core inflation readings. On that count, the latest report was mixed.

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OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.

Related Topic(s): Consumer Affairs; Consumer Price Index; Economy-Economics- US; Federal Agencies Enforcement; Finance; Inflation; Middle Class; National Debt -Trade Deficit; USA United States Of America; Wages-Salaries, Add Tags

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