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CPI

The cost of living in the U.S. rose in January less than anticipated and a measure of prices excluding food and fuel fell for the first time since 1982, indicating the recovery is generating little inflation. The consumer-price index increased 0.2 percent for a fifth straight month, led by higher fuel cost. However, the Labor Department figures revealed today showed that excluding energy and food, the "core index" unexpectedly fell 0.1 percent, reflecting a drop in new-car prices, clothing and shelter.
The big broader picture shows subdued inflation, giving the Fed to keep rates down for now.

Feb 19 · 2:52:00 PM
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by Larry Etter

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