U.S. Future Inflation Gauge Ticks Down
According to ECRI, the USFIG remains near July’s nine-month low. Thus U.S. inflation pressures are still in a cyclical downsizing.
A Framework That Provides Clarity
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.