Core CPI Stays Below Fed Mandate For 6th Straight Month

Core CPI has now been below the Fed’s 2% mandate for 6 straight months, printing a 1.7% YoY gain in September (weaker than the expected 1.8% rise).
Headline CPI bounced back above 2% however, led by a 6.1% surge in Energy costs…
The index for all items less food and energy increased 0.1 percent in September following a 0.2-percent rise in August.

This post was published at Zero Hedge on Oct 13, 2017.