“Stagflation”: Core CPI Highest Since Lehman As Rent, Healthcare Costs Soar
by Tyler Durden
ZeroHedge.com
Sep 16, 2016
“The Fed is increasingly F#ked,” exclaimed one veteran market participant as Core CPI – among The Fed’s favorite inflation indicators – surged to +2.3% YoY, the highest since Sept 2008. This is the 10th month in a row above the Fed’s mandated 2% ‘stable’ growth as shelter and healthcare costs continue to surge.
The Rest…HERE