Markets shrieked and stocks frenzied last month when inflation seemed to accelerate at lightning speed. But a collection of data released this week shows that inflation’s rapid growth could be slowing down.
Consumer prices rose 0.2 percent in February, meeting analyst expectations and easing fears that inflation is out of control. The Producer Price Index, which measures the change in what producers charge for their goods and services, also increased 0.2 percent last month.
Continue reading Inflation chatter cools down with benign data at Movement Mortgage Blog.
from Movement Mortgage Blog http://ift.tt/2FF9Ip5
via Zero Mortgage Insurance
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