Consumer prices rise 0.1%, less than the forecast
Consumer prices rise 0.1%, less than the forecast
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Consumer prices rise 0.1%, less than the forecast
.Consumer prices rise 0.1%, less than the forecast
WASHINGTON. Consumer prices rose less than expected for the second month in a row, a sign that inflationary pressures remain under control despite strong economic growth and low unemployment.
While that is good for US households that are finally beginning to see their inflation-adjusted gains rise, it also deepens the puzzle for the Federal Reserve, as officials weigh how much interest rates will increase in the coming months. Low unemployment requires more rate increases, but slow inflation does not.
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ORIGINAL ARTICLE THE WALL STREET JOURNAL
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