Reminder: These charts come to us compliments of independent economist Fritz Meyer, a seasoned economic and markets analyst whose insights appear regularly on CNBC, Bloomberg TV and the Fox Business Network. Here is what Fritz has to say about inflation:
… Headline inflation (CPI) plunged with the plunge in gasoline, diesel and fuel oil prices, and has now fully recovered.
… Both inflation ex-food and energy (core CPI) and the headline CPI are above the Fed’s 2% target.
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