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U.S. Markets Weekly – March 14 – March 18, 2011
[private][private]Recent data on inflation shows that the trend is firming. After a period last year in which inflation trended down prompting the Fed to initiate QE2, CPI inflation has moved back up to 2% y/y and could hit 4% by May. Core inflation, however, is more subdued, though it too is firming with the economy.
DE-USMW-3-18-11[/private][/private]