The Consumer Price Index Is About to Get Costlier, Quickly
After multiple quarters of low inflation, watch that consumer price index basket. Price growth is back on the upswing.
Martin Hegarty
July 18, 2014
Janet Yellen, chair of the U.S. Federal Reserve, speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 15, 2014. Yellen told lawmakers the central bank must press on with monetary stimulus as "significant slack" remains in labor markets and inflation is still below the Fed's goal. Photographer: Andrew Harrer/Bloomberg *** Local Caption *** Janet Yellen
Andrew Harrer/Bloomberg
