Price Hikes In Retail Goods Spur U.S. Inflation – And The Fed Is Watching – Seeking Alpha

aquaArts studio/E+ via Getty Images aquaArts studio/E+ via Getty ImagesThe January U.S. CPI (Consumer Price Index) report indicated a higher pace of inflation than many observers expected. The price level of the core CPI advanced 0.6% month-over-month (m/m), largely driven by price hikes in retail goods. The January CPI report lifts PIMCO’s inflation forecast for […]