The U.S. Bureau of Labor Statistics (BLS) released its February Inflation report on March 11th, 2020, for the 12 months through the end of February 2020. Annual Inflation Falls Annual inflation fell from the high set at 2.49% in January to 2.33% in February. CPI Index in February was 258.678 up from January's 257.971, December was 256.974, November was 257.208 down from October's 257.346 Monthly Inflation for January was 0.39%, while February was 0.27% down from 0.42% in February 2019. Next release April 10th Currently, the inflation rate is above the FED's target 2% rate. But the FED is concerned with a market meltdown due to falling Oil prices and the Coronavirus so … [Read more...]
February Inflation Virtually Flat
The U.S. Bureau of Labor Statistics (BLS) released their monthly Consumer Price Index report on March 12th 2019, for the 12 months through February 2019. Annual Inflation is Down (Slightly) Annual inflation in February was down very slightly from January's 1.55% to 1.52% February's CPI was 252.776 January's CPI was 251.712 up from December's CPI of 251.233, November was 252.038 Monthly Inflation for February was 0.42%, slightly below last February's 0.45%. December was -0.32%, November was -0.33%. Next release April 10th We've added another bar to the Annual Inflation Rate Chart indicating Quantitative Tightening (QT) check it out here. Annual inflation … [Read more...]
