Wednesday, 18 July 2007

SanFran Fed sees core inflation holding below 2 pct

(Reuters) - "We anticipate that core inflation will fall and remain
below 2 percent this year and next," economist Glenn Rudebusch
said in the bank's latest "FedViews."




The outlook is a shift from June's forecast, which showed 2
percent as a floor to the core personal consumption
expenditures price index through the end of 2008.


Read more at Reuters.com Bonds News

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