Inflation News

Your money is worth less by the amount the Fed expected.

Per ZeroHedge:

The final print actually matched expectations, rising 0.4% MoM (vs +0.2% MoM in November) pushingthe YoY print for the headline CPI up to +1.4%. This is the seventh straight rise in consumer prices.

But, when you get into the details, it’s looking ugly on a day-day basis – like food and energy.

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