Headline 4.0% What is interesting is that Ben does recognise the headline number, its just that the stock market cheerleaders dont want you too. Core is their game. $USD Up Nervous wait for earning reports in Jan 08... Stocks Down, lead by the banks..more write downs to come.
Headline +4% but less energy, food and housing, core= -0.5% What inflation? That's why they are dropping i-rates .