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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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US Future Inflation Gauge Ticks Up


U.S. inflationary pressures were slightly higher in April, as the U.S. future inflation gauge climbed to 105.4 from a downwardly revised 103.9 in March, originally reported as 104.0, according to data released Friday morning by the Economic Cycle Research Institute.

"Despite its April uptick, the USFIG remains below its recent high. Thus, U.S. inflation pressures remain reasonably restrained," ECRI Chief Operations Officer Lakshman Achuthan said in a release.

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