Stagflation Strikes As US Consumer Prices Surge At Fastest Pace In 5 Years

by Tyler Durden
ZeroHedge.com
Mar 15, 2017

After the hotter-than-expected PPI print, Consumer Prices confirmed that inflation is running hot with the fastest rise since Feb 2012.

Notably core CPI (at 2.2%) has been above The Fed’s mandated 2% ‘price stability’ level for 15 months in a row.

Of course, one of the big drivers of this price surge is in shelter and rent inflation…

The Rest…HERE

This entry was posted on Wednesday, March 15th, 2017 at 10:10 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.