St. Louis Fed’s Price Pressures Measure Falls Again

USAGOLD/Peter Grant/06-01-17

The St. Louis Fed’s Price Pressures Measure has fallen to its lowest reading since February of 2016.

The indicator peaked in February of this year at a 5-year high. That would suggest that if the December 2016 rate hike wasn’t a mistake, the one in March of this year almost assuredly was.

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