Recent data shows the US CPI at 3.4%. This figure appears stable, but a closer look at core inflation reveals a more complex situation. The core inflation numbers suggest a less comfortable story than the overall CPI figure would indicate.
Further details on the US CPI and core inflation are available from Action Forex. Their analysis provides more insight into the current state of inflation.
The disparity between the overall CPI and core inflation is notable, and readers can find a more in-depth examination of this issue through Action Forex's reporting.
The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus....
