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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 Ticks Down


U.S. inflationary pressures were lower in December, as the U.S. future inflation gauge fell to 104.1 from a revised November 104.5 reading, first reported as 104.7, according to data released Friday morning by the Economic Cycle Research Institute.

"The USFIG has eased from its summer high," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, underlying inflation pressures have softened somewhat, but remain above earlier cycle lows."

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