Friday, 15 March 2013

U.S. CPI Signals Green Light for More QE

The U.S. consumer price inflation index increased 1.979% on last year for February.

Though it increased the most since October last year (when it increased 2.159% YoY), it is low enough to serve as an excuse for the QE-desperate members of the FOMC to continue with their money printing macro-economic experiment.

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