U.S. Future Inflation Gauge Ticks Down

U.S. inflationary pressures were higher in August, as the U.S. future inflation gauge rose to 99.5 from 98.5 in Juy, according to data released Friday morning by the Economic Cycle Research Institute.

According to ECRI, the USFIG remains near July’s nine-month low. Thus U.S. inflation pressures are still in a cyclical downsizing.