The nation’s struggle to prevent deflation is apparently only just beginning. The 12-month core rate (excluding food and energy prices) fell to a record low 0.6% from 0.8% in September. Clearly, the Fed has more work to do.
Continue reading Annual Core Inflation Drops to 0.6%, the Lowest Ever
Annual Core Inflation Drops to 0.6%, the Lowest Ever originally appeared on DailyFinance on Wed, 17 Nov 2010 10:40:00.
Filed Under: Economy, Investing, Streetwise