Vere Informed

POSTED BY Vere Global • 26 February, 2015

US Posts First Negative Inflation Print Since Lehman

January CPI data was historic in that, 6 years after Lehman, the US just reported its first negative headline CPI print, with overall inflation, or rather deflation, in January coming at -0.1%, in line with expectations, and down from the 0.8% in December. The Federal Reserve has stated that these price declines are temporary and will adjust to higher levels in the coming months.