Swiss Economicblogs.org
While we await the effect of import tariffs, inflation has still not taken off in the US. The Fed is unlikely to be swayed from its current rate tightening routine.Core consumer-price index (CPI) inflation rose a modest 0.12% month on month (m-o-m) in September, again undershooting market expectations, and the year-on-year (y-o-y) print stayed unchanged at 2.2% –a relatively benign outcome given the flourishing US economy and the tight labour market.Core inflation (excluding energy and food...
Read More »US inflation remains modest, but tariffs will soon make themselves felt
