Inflation in Check, Rates Remain Low

The Consumer Price Index (CPI) rose 0.4 percent in November, as expected, amid a jump in energy costs. Core prices, which exclude the volatile food and energy components, were flat.

The inflation readings were being closely watched ahead of today’s Fed’s decision on interest rates. The tame measurements of inflation enabled the Fed to hold rates at historic lows.

For more information, visit http://www.utahfinancialadvisor.blogspot.com.

This entry was posted in Uncategorized. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>