No Rate Cuts? The Inflation Genie IS Still Out The Bottle!

The latest data from the US BLS showed that superficially the core consumer price index, regarded as a measure of underlying inflation because it strips out volatile food and energy costs, rose 2.7% in December from a year earlier. That’s just a touch more than the 2.6% annual advance in November, which was the smallest … Continue reading "No Rate Cuts? The Inflation Genie IS Still Out The Bottle!"