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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (370815)7/3/2008 9:47:48 AM
From: Box-By-The-Riviera™  Read Replies (2) of 436258
 
no inflation dude. we've been lied to.

NEW YORK, July 3 (Reuters) - U.S. inflation pressures fell in June to more than a four-year low, driven by disinflationary moves in measures of jobs, loans, interest rates and commodity prices, a report said on Friday.

The Economic Cycle Research Institute's U.S. Future Inflation Gauge (USFIG), designed to anticipate cyclical swings in the rate of inflation, slipped to 115.2 in June from 116.6 in May revised from 116.7.

The reading was the lowest since January 2004, when the index stood at 114.8.
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