The U.S. Bureau of Labor Statistics (BLS) released their monthly Consumer Price Index report on July 11th 2019, for the 12 months through June 2019. Annual Inflation is Down Again Annual inflation in June was 1.65% down slightly from May's 1.79% which was down from 2.00% in April. The CPI-U Index was 256.143 up marginally from May's 256.092. Monthly Inflation for June was only 0.02%, May was  0.21%, April was 0.53%, March was 0.56%, June 2018 was 0.16%. Next release August 13th   Annual inflation for the 12 months ending in June was 1.65% which is below the FED target of 2.00% which may account for FED Chairman Jerome Powell's signaling that the FED will be … [Read more...]