Sentence examples for underlying inflation rate from inspiring English sources

America's underlying inflation rate is already uncomfortably high.

America's underlying inflation rate, at 1.7%, remains below the Fed's target of 2%.

Inflation was at zero from January to October, and the annual underlying inflation rate was anticipated at 5.3%.

The core index of consumer price inflation, which excludes food and oil, was 2.5percentt higher in January than a year earlier, significantly above the Fed's unofficial comfort zone of a 1 to 2 percent underlying inflation rate.

Its underlying inflation rate turned negative in April for the first time in 24 years, prompting concern that the country could miss its target of a 1.8% increase in GDP in 2011.

With America's underlying inflation rate no longer uncomfortably low and declining, it makes sense for the Fed to refrain, for now, from another round of loosening; and, on the fiscal side, the country can probably get by without further stimulus.

Based on underlying inflation expectations, real interest rates are still above 2%.

But currency markets focused on the sharp rise in "core" inflation — stripping out volatile food and energy prices — which jumped from 0.8% to 1.2% in July The more hawkish picture of underlying inflation came a day after Bank of England rate-setter Kristin Forbes said a "preventative" rate rise could be needed to avoid "sunburn" for the economy.

With underlying inflation running at well over 2%, real rates are now barely positive.

In the last year, the central bank has been able to hold rates steady as economic growth moderated and it appeared that underlying inflation would soon slow to a pace of under 2percentt a year.

The unemployment rate remains elevated, and measures of underlying inflation continue to be somewhat low, relative to levels that the committee judges to be consistent, over the longer run, with its dual mandate.