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GSY - U.S. CPI Inflation Still Modest Below Fed Targets
Invesco Ultra Short Duration
Census has released the current consumer price index numbers for the United States.
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3
percent in April on a seasonally adjusted basis after rising 0.4 percent
in March, the U.S. Bureau of Labor Statistics reported today. Over the
last 12 months, the all items index increased 2.0 percent before seasonal
adjustment.
This has been known to produce more than the occasional bit of headscratching. As we know the Federal Reserve has an inflation target of 2%. We tend to think that having a bit