Seema Shah, chief global strategist at Principal Asset Management, said the latest figures should relieve "some of the anxiety that the US is at the beginning stages of a second inflation wave".
Reports of the demise of US inflation have been greatly exaggerated. Today on the show, Rob Armstrong and Aiden Reiter discuss the continuing high numbers and what the Fed might do about it this year.
Washington, United States — US consumer inflation rose for a third straight month in December as energy prices increased, according to government data published Wednesday, adding pressure on the ...