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During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.

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ECRI Future Inflation Gauge Rises


U.S. inflationary pressures were up slightly in February, as the U.S. future inflation gauge grew to 102.0 from a revised January 101.9 reading, first reported as 102.5, according to data released Friday morning by the Economic Cycle Research Institute.

"The USFIG remains below its summer highs," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, underlying inflation pressures are still restrained."

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