2015-07-15 — wallstreetexaminer.com
``In this case, the PPI proxy for Core CPI rose a whopping 0.62% month to month in June. That was on top of 0.24% in May. The annual increase is now 3%. That includes the effect of 3 months in the past year where prices actually declined. This brings up another of my pet themes, which is that the Fed is already WAY behind the curve in recognizing inflation.''
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