Annual Inflation Rebounds Annual Inflation rose to 0.65%. CPI Index rose from  256.394 in May to 257.797 in June. Monthly Inflation for June was 0.55%, May was 0.002%, April was -0.67%, March was -0.22%, February was 0.27%. The FED may be slowing its "Quantitative Easing" in an effort to prevent hyperinflation. FED Funds Rate up slightly but still remains near Zero. Next release August 12th The Bureau of Labor Statistics Released the Inflation Data for the 12 months ending in June on July 14th. Monthly Inflation SOARS to 0.55%. Annual inflation for the 12 months ending in June was 0.65%, May was 0.12%, April was 0.33%, March was 1.54% down sharply from February's … [Read more...]