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UK Price Index

Summary:
Let''s get a 3. handle on this and see how the monetarists react.  They have to start raising and asset reductions sooner or later, but these 2. handles on their "inflation!" have not been enough to lead them to significant action so far.UK inflation measured by Consumer Price Index rose to 2.9% in August, up from 2.6% in July, figures show https://t.co/gEgNb3BF4B— BBC Breaking News (@BBCBreaking) September 12, 2017

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Let''s get a 3. handle on this and see how the monetarists react.  They have to start raising and asset reductions sooner or later, but these 2. handles on their "inflation!" have not been enough to lead them to significant action so far.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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