Report
Data Round-Up: Core CPI Running Above +2%, Stage Set for Rate Hike
posted by Michael Lewis on December 15, 2015
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Headline
As the FOMC begins its two-day deliberations, they see an economy at full employment and inflation not far from the +2% target. A funds rate hike is appropriate now, if not dangerously overdue, notwithstanding the latest equity market jitters.
Abstract
FMI’s analysis of today’s November CPI report including a review of high-frequency inflation indicators.