Money press and GDP big dive hasn’t induced inflation

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Inflation in the United States was 0.6 percent year-on-year in June, down from 0.1 percent in April. That made the American government known.

The increase in the average price level corresponded to the expectations of economists. So-called core inflation, excluding fluctuating energy and food prices, came in at 1.2 percent, as in May. On a monthly basis, US consumer prices rose by 0.6 percent.

Low inflation amid billions of ‘free money’ pumped in the stock market is and indication of some advanced trickery done in the background.

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Leah Kunze

Leah Kunze just graduated MBA and is proud of it. She is interested in automotive industry and innovations. She well be glad to receive a mail to [email protected]

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