Fed Doves Cry As Core Consumer Prices Jump At Fastest Pace Since August 2011

Friday, February 19, 2016
By Paul Martin

by Tyler Durden

This must be trasitory, right? Core Consumer Prices surged 0.3% MoM – the biggest jump since August 2011 – and is up 2.2% YoY (the most since June 2012). Furthermore, Shelter costs surged 3.7% YoY – the most since October 2008. We assume this will be ignored for a data-dependent Fed that needs to keep the easing dream alive (as long as stocks are off the highs)…

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