Today’s CPI Report

The government reported that consumer inflation rose by 0.4% last monht, and the “core rate” rose 0.3%. This pretty much gurantees that the Fed will raise rates in two weeks.
Over the last twelve months, the CPI has risen by 4.2% and the core rate is up 2.4%. Here’s what inflation has looked like since 1983:

Posted by Eddy Elfenbein on June 14th, 2006 at 12:21 pm

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