Monthly Archives: September 2015

And the Federal Reserve said: ‘No way’

The least surprising news of the week beeped on my telephone as I waited in line to check out at Costco Thursday afternoon. News alert: ‘Fed stands pat on interest rates.’ A better headline would have been: ‘Fed thumbs its … Continue reading

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U.S. inflation drops back to deflation in August, down 0.1%

The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1% in August on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all-items index rose 0.2%. This wasn’t unexpected, although … Continue reading

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