Inflation Moderates… To 2.67%, Above Fed Target Since January 2014

Jon Economy, Fiscal Policies, Government, Market Commentary

The year to year increase in inflation, as measured by the Finished Consumer Goods PPI ex food and energy slipped to 2.67% in August. That’s down from 2.92% in July, but obviously it’s above the Fed’s 2% target. It has been above that target since January of 2014 and for 54 of the past 60 months.

This post was published at Wall Street Examiner by Lee Adler ‘ September 11, 2015.