Dashboard – US Inflation (Spring 2013)

US inflation is broadly and quickly trending lower…the opposite direction of the FOMC’s stated intent.  More recently, real yields have also moved higher.  In the context of sluggish employment growth, slower manufacturing activity and weak momentum in Europe and the BRICs, higher US yields are incompatible with the Fed’s 6.5% unemployment and 2.0%-2.5% inflation targets.

Please review our Dashboard – US Inflation in which we review specific price measures, expectations, and the risks to the broader economy over upcoming months: Dashboard – US Inflation Spring 2013

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