US Consumer Prices Show Inflation Pressures Remain Steady

US consumer prices announced this morning were in line with expectations. Headline CPI (3.1% vs street 3.1% and previous 3.2%) was slightly improved from last month, but the decline of 0.1% was less than 0.5% decline from 3.7% to 3.2% reported last month, and the CPI growth rate still remains above the 3.0% low reported […]