European Inflation Prospects Raised, Growth Forecast Cut [View article]
I have to admit, I'm not really seeing this Fed low inflation at all. Inflation for the first 7 months was 4.5% annualized. Any cursory look at a commodity chart will tell anyone YOY inflation is for food and energy is in the stratosphere. How can hlusing fall if interest rates rise? Medical care is up double digits.
European Inflation Prospects Raised, Growth Forecast Cut [View article]