October CPI: +0.2% October Core CPI: Unchanged (0.0%) http://imarketnews.com/?q=node/22571 "The core has its smallest over-the-year gain since this index was first reported, in 1957." "Food posted +0.1% as cereals, fruits, and nonalcoholic beverages fell but dairy and meats surged." "Gasoline was up for a fourth month in a row and accounted for almost 90% of the overall gain in CPI." "There is nothing to worry about here for inflation, and the modest CPI data fit with the outlook that deflation or disinflation is more of a concern." October PPI: +0.4% October Core PPI: -0.6% http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aL1nId6Y32R0 When we look at the most current statistics on inflation, it appears that there is none to very little. For some reason, people have been worried about inflation for over a year now. It still has not arrived. QE concerns unwarranted?