Inflation eases in US as prices for used cars fall

"That said, we lean toward the view that, sooner rather than later, labour shortages will exert enough upward pressure on wage growth such that services inflation will not come down enough for inflation to return to Fed's 2% target - a goal the Fed has now missed for 59 months – but hey, who's counting?" BBC - For more and to sign up click here To Return to the Main Aggregate News Page - click here