February 20, 2014

THE DEFLATIONARY EPOCH:

Inflation rate remains low as January prices barely budge (Jim Puzzanghera, February 20, 2014, LA Times)

Stripping out volatile food and energy costs, so-called core prices still rose just 0.1% in January. The annual core rate was 1.6%.

The Fed uses a different government measure to monitor inflation, based on personal consumption expenditures, that showed just a 1.2% annual rate through December.

Some Federal Reserve policymakers are concerned that inflation has been running low, and worry that could pose a risk to economic growth, according to minutes of their January meeting released Wednesday.
Posted by at February 20, 2014 1:07 PM
  
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