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

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

zerohedge.com / by Tyler Durden / Mar 15, 2017 8:39 AM

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,

March 15, 2017 at 10:17AM