A Smattering of Economic Charts – Inflation Watch!
February 17, 2011 12:19 pm
There is no doubt that there is inflation creeping into the U.S. economy. While manufacturing is gaining steam, prices are moving higher. At the same time, employment is continuing to be an open question as initial claims are stubbornly high.
Both the bulls and the bears have something to find in these reports.
The CPI is today’s “surprise” as the MoM rate was rather high compared to estimates.