Trends in U.S. Inflation

Here is an informative chart from the BLS.   What gets lost in all the noise and doom and gloom out of Europe is the U.S. consumer price index has been running at 3.5 percent on annual basis since early spring.   Also note the trend in core CPI.

However you cut it,  conservative savers, especially seniors,  in the U.S. are taking massive pipe.   Let’s see,  .5o% on a CD less 3.5% inflation?  That’s a 3% annualized decline in purchasing power!  No wonder mom and pop are becoming cotton speculators.   We’re surprised we didn’t see more gray panthers in the Occupy crowd at the San Francisco Fed.

(click here if chart is not observable)

This entry was posted in Economics, Inflation/Deflation and tagged . Bookmark the permalink.

1 Response to Trends in U.S. Inflation

  1. Pingback: Trends in U.S. Inflation | Forex news

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.