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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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U.S. Future Inflation Gauge at 93-month High


U.S. inflationary pressures were up in April, as the U.S. future inflation gauge gained to 107.8 from a downwardly revised 107.6 reading in March, according to data released Friday morning by the Economic Cycle Research Institute.

The March reading was first reported as 107.8.

"The USFIG rose again in April to a 93-month high," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, underlying inflation pressures continue to climb."

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