Tuesday, June 12, 2018

Price Inflation at Six-Year High!

U.S. inflation accelerated in May to the fastest pace in more than six years.

The consumer-price index rose a seasonally adjusted 0.2% in May from the prior month, the Labor Department reports. Prices rose 2.8% last month from the prior year, the strongest reading since February 2012, when inflation was 2.9%.

It's only the beginning. Coverage of what to exepect is in the EPJ Daily Alert.


1 comment:

  1. The Fed has been printing money ceaselessly for years. Why is inflation just kicking in now?