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Feb 19 2016

Inflation Surprised To The Upside

  • Feb 19, 2016

Both CPI and PPI surprised to the upside.The three key drivers for inflation (oil, the Dollar and the Chinese yuan) all saw some improvements.  Despite the recent improvements, we are still in no hurry to call the bottom in inflation.  The downturn in the energy and manufacturing industries has wide-reaching effects. Patience and caution are still warranted.

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About The Author

Chun Wang / Sr. Research Analyst & Co-Portfolio Manager