Consumer Prices Surge At Fastest Pace Since 2011, Real Wage Growth Slumps | WHAT REALLY HAPPENED


Consumer Prices Surge At Fastest Pace Since 2011, Real Wage Growth Slumps

Last night's Singaporean show was the prelude to the rest of the week's real action - central banks - and nothing drives The Fed more than inflation anxiety as exhibited by Core CPI this morning... and it printed hot.

For the 32nd consecutive month, the consensus estimate on the street was +0.2% MoM - and expectations were met - pushing the headline CPI to +2.8% YoY (as expected) - the highest since December 2011...

Webmaster's Commentary: 

Those who do not learn from financial history, are doomed to repeat it.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA