Stepping Back and Looking at the History of Core Inflation |
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Stepping Back and Looking at the History of Core Inflation The July price reports – wholesale, retail, and import – have raised a number of questions about the underlying threat from inflation. Stepping back in time and looking at historical data should help us understand the big picture. Inflation is a lagging economic indicator which peaks after an economic downturn has commenced and establishes a trough several months after a recession has ended and the next recovery is underway. Food and
Filed under: Fundamental
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