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See more here: Gold Jumps Nearly $50 as Market Digests Non-News From Fed; Gold Correction Over?
View article: FOMC Minutes and Economic Projections: Dissent in Both Directions; Confused?
The first problem with measuring price inflation is there is no true representative basket of goods and services. Even if there was a representative basket, the basket changes over time and also changes by demographics
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Read More: Trends in Full and Part-Time Employment; Obamacare Job Double Counting and Other Economic Distortions
Read More: Bundesbank Chief States the Obvious "ECB Cannot Solve Euro Zone Crisis"; Unstated Message "No One Else Can Either"
Continued here: Establishment Survey Jobs +195K; Household Survey +160K; Part-Time Jobs +486,000; 326,000 Full-Time Jobs Lost
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Credit Contraction Exceeds 6% in Spain, Highest Ever in Crisis According to prime minister Mariano Rajoy, Spain has been on the verge of recovery for two years. Rajoy has also promised to bring Spain’s budget deficit to 3% of GDP for two straight years. And EU has extended the timeline for Spain to hit that goal from 2012 to 2013 to 2014 to 2015 and now to 2016.