CPI data for October is due out this morning, with economists expecting that inflation fell to...


CPI data for October is due out this morning, with economists expecting that inflation fell to +0.1% on month from 0.6% in September, while the core figure stayed at +0.1% for the fourth month in a row. "There isn’t much pricing power,” says economist Russell Price. "Inflation is a second-tier concern for the Fed right now. Growth is by far their biggest focus."

Comments (1)
  • june1234
    , contributor
    Comments (4357) | Send Message
     
    Inflation has always been 2nd tier to them. Health care costs have been rising by double digits each year the last 30 years in this country.Food and energy are never included in the CPI number which is OK as long as you use neither. Food price riots triggered the Arab spring riots in Algeria and Tunisia not a yearning for democracy. People tend to act funny when they can't eat
    15 Nov 2012, 08:27 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs