However,
inflation readings showed no sign of breaking out of the passive trend of recent months.
Not exact matches
U.S. data on Monday
showed that consumer prices accelerated in the year to March, with a measure of underlying
inflation surging to near the Federal Reserve's 2 percent target as last year's weak
readings dropped out of the calculation.
Minutes of the Fed's March 20 - 21 policy meeting published this month
showed officials expected the annual PCE price indexes to accelerate in March partly because of «the arithmetic effect of the soft
readings on
inflation in early 2017 dropping out of the calculation.»
Minutes of the Fed's March 20 - 21 policy meeting published on April 11
showed officials expected the annual PCE price indexes to accelerate in March partly because of «the arithmetic effect of the soft
readings on
inflation in early 2017 dropping out of the calculation».
However, more recent
readings that exclude those spring observations (that is, the six month data and the three month changes)
show a rate of
inflation above our 2 percent target.
Additional
Reading: 2001 Dalbar Study: Quantitative Analysis of Investor Behavior Report 2003 Dalbar Study: Market Chasing Mutual Fund Investors Earn Less than
Inflation 2004 Dalbar Study: DALBAR Study
Shows Market Timers Lose Their Money 2007 Dalbar Study — Quantitative Analysis of Investor Behavior Report