Changes in producer prices [PPI] generally lead to changes in the same direction in consumer prices [CPI]. As such, we think that we will see higher CPI readings over the rest of 2018 and into 2019. What we don’t know is how the Federal Reserve will react.
The odds favor a faster pace of inflation. Will this mean a faster rise in interest rates?
by Administrator | Sep 1, 2018 | No Spin News | 0 comments