The yearly rate of growth of the personal consumption expenditure (PCE) price index adjusted for food and energy stood at 1.3 percent in June — the same figure as in May. Note that on average since the beginning of this year the yearly rate of growth stood at 1.3 percent. Many economists have expressed satisfaction that the yearly rate of growth has been stable so far notwithstanding that it stood below the Fed’s target of 2 percent.
Meanwhile, the yearly rate of growth of the overall personal consumption expenditure price deflator stood at minus 0.01 percent in June, versus minus 0.1 percent in May, and 1.4 percent in June last year.
http://www.infowars.com/economic-collapse-dont-be-fooled-by-our-current-price-stability/
#AllTheNews 