Fun Fact of the Day, November 7, 2017

November 7, 2017

SOME INFLATION - Over the 4 years from 2013-2016, the measurement of American inflation (using the Consumer Price Index) on a year-over-year basis reached the Federal Reserve's target of +2% at the end of the 3 months, i.e., 3 out of 48 months.  But after year-over-year inflation was reported to be +2.2% through 9/30/17, the +2% target threshold has now been achieved at the end of 5 of 9 months YTD in 2017 (source: Federal Reserve).

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