Economists and market participants in the U.S. like to fixate on every wiggle in consumption and inflation data. A tenth of a percentage point increase in the Consumer Price Index can spark fears that the Federal Reserve will raise interest rates, not to mention lead to repricing of the $1 trillion market in Treasury Inflation Protected Securities. blogs.wsj/economics/2014/09/29/inflation-data-in-the-u-s-is-built-around-a-survey-that-people-increasingly-wont-take/
Posted on: Thu, 30 Oct 2014 18:21:15 +0000
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