2015-03-24

Latest Inflation Surge Peaking

The monthly inflation rate from PriceStats is now at one of the highest levels since 2009. The rate of increase is slowing though, and given the data has a 10-day lag, the peak may already be passed. Still, we can look forward to a higher than expected CPI for March, when it is reported in April. Justified or not, that will move expectations of a rate hike forward.

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