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Thursday, May 15, 2014

Monetary

News                                                                                                                             
Fortune | Inflation pressures increased last month
The Labor Department on Thursday said its seasonally adjusted consumer price index (CPI) increased 0.3% in April. The gasoline index grew 2.3%, the first increase for the energy index since January, despite declines for electricity and fuel. The food index grew 0.4% last month--the third consecutive increase.  The latest increase was due to a sharp rise in meat prices.

Blogs                                                                                                                             
WSJ | 5 Things You Always Wanted To Know About Inflation Statistics
The Consumer Price Index has increased 2% in the past year, the strongest increase in nearly a year. So is inflation high or low or right at the Fed’s target or none of the above?