ZeroHedge: Core Consumer Prices Hit New Record High – Up For 50th Straight Month The latest Consumer Price Index (CPI) report shows a mixed picture of inflation in the United States. While headline CPI rose 0.2% month-over-month as expected, bringing the year-over-year rate down to 2.9%, core CPI (excluding food and energy) also increased by 0.2% month-over-month, with its annual rate slowing to 3.2%. Despite these modest improvements, core consumer prices have now risen for 50 consecutive months, reaching a new record high. The data suggests that while overall inflation is moderating, underlying price pressures persist, particularly in core goods where deflation appears to have stalled. This presents a complex scenario for policymakers as they navigate between controlling inflation and supporting economic growth. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Report: Singapore Positioned to Emerge as Major Global Gold Hub READ MORE Bank of America Predicts Surge to $3,000 as Central Banks and Investors Rally READ MORE Gold and Bitcoin: Vital Challengers to Fiat Currencies READ MORE The Great Cash-Out: Billionaires Have Sold a Combined $11 Billion in Company Stock This Month READ MORE "When the Crisis Hits, Buffett Will Buy Gold" Mike Maloney READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment