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US core inflation steady at a little over 2 percent [ClearOnMoney]
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US core inflation steady at a little over 2 percent

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Commentary

US core inflation steady at a little over 2 percent

16 Apr 2012 by Jim Fickett.

The BLS reported US inflation through March today. In the first three months of the year core inflation (the year-over-year change in the consumer price index with food and energy components removed) was at 2.3%, 2.2%, and 2.3%. This is not too bad in and of itself, though combined with zero interest rates, it can lead to serious losses.

(See the reference page US CPI for background, sources, and past commentary.)