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

Friday, February 19, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
02/19/2016

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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