- The headline miss probably isn’t significant, but core inflation rose 0.3%, above the consensus estimate of 0.2%.
- Non-seasonally adjusted inflation dipped 0.06% in December and I Bond investors may be facing a weak variable rate reset on May 1.
- Wages increased faster than inflation in December, the BLS said. That’s a trend worth watching. If it continues; real inflation could follow.
Read my full analysis on SeekingAlpha.com
Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
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