Beyond a weak yen, there are tentative signs local inflation may be picking up, with the biggest month - on - month spike
in headline inflation seen in 25 years in October.
Not exact matches
We have a different view on
inflation, which we
see below 2 percent even
in 2018,» analysts at Bank of America Merrill Lynch said
in a note on Wednesday, explaining that oil prices will keep
headline inflation low.
The conditions that the Fed has said it was waiting to
see before liftoff are actually
in place; they're just not being reflected
in the
headline inflation data because of the transitory nature of lower energy prices.
It's still probable that we'll
see the year - over-year
headline CPI
inflation rate moving to about 4 % by November (which is statistically «baked
in the cake»).
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Barnaby Lenon, chairman of the ISC, said: «A concerted effort to halt grade
inflation in recent years has
seen the top grades both nationally and
in independent schools level off and fall slightly, so it is encouraging to
see the
headline A * and A figure remain solid.