Weak Inflation Again

The Federal Reserve wraps up its meeting later today, and the central bank looks to raise interest rates again.

There’s some interesting timing because the inflation report for May came out this morning and it showed that inflation is still pretty weak.

The headline inflation rate fell 0.1% in May while economists had been expecting no change.

The “core rate” rose by 0.1%. That’s the second-lowest in the last four years. There simply isn’t much inflation to worry about.

Posted by on June 14th, 2017 at 9:22 am

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