It isn’t just the healthy labor market giving the Federal Reserve enough confidence to raise interest rates; inflation is finally cooperating, too. Two more reports on inflation are due this week before U.S. central bankers deliver their policy statement on Wednesday. After last week’s upbeat employment data, reports on producer prices and consumer prices, due Tuesday and Wednesday morning, respectively, aren’t expected to derail the...
Source: Wall Street Journal March 13, 2017 18:45 UTC