{"id":189724,"date":"2010-02-19T20:29:00","date_gmt":"2010-02-20T01:29:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/02\/19\/core-inflation-fell-for-the-first-time-in-28-years\/"},"modified":"2010-02-19T20:29:00","modified_gmt":"2010-02-20T01:29:00","slug":"core-inflation-fell-for-the-first-time-in-28-years","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/02\/19\/core-inflation-fell-for-the-first-time-in-28-years\/","title":{"rendered":"Core Inflation Fell For the First Time in 28 Years"},"content":{"rendered":"<p>Down 0.1% in January:<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p>The cost of living in the U.S. rose in January less than anticipated and a measure of prices excluding food and fuel fell for the first time since 1982, indicating the recovery is generating little inflation.<\/p>\n<p>The consumer-price index increased 0.2 percent for a fifth straight month, led by higher fuel costs, Labor Department figures showed today in Washington. Excluding energy and food, <span style=\"font-weight: bold;\"><span style=\"font-variant: small-caps;\">the so-called core index unexpectedly fell 0.1 percent<\/span><\/span>, reflecting a drop in new-car prices, clothing and shelter.<\/p><\/blockquote>\n<p>And still, the Federal Reserve is full of people who are batsh%$ insane inflation hawks, and there are two seats open, but Obama has not bothered to appoint people who are, you know, saner, in what is clearly a deflationary environment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Down 0.1% in January: The cost of living in the U.S. rose in January less than anticipated and a measure of prices excluding food and fuel fell for the first time since 1982, indicating the recovery is generating little inflation. The consumer-price index increased 0.2 percent for a fifth straight month, led by higher fuel &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,1200,985,982,1173],"tags":[],"class_list":["post-189724","post","type-post","status-publish","format-standard","hentry","category-economy","category-inflation","category-regulation","category-stupid","category-white-house"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189724"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=189724"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/189724\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=189724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=189724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=189724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}