US inflation rears its ugly head as global cycle nears danger zone

The trigger for the next global recession is at last coming into view after a series of loud distractions and false alarms.

The Atlanta Federal Reserve's gauge of "sticky-price" inflation in the US soared to a post-Lehman peak of 3pc in February. This index is a 'pure' measure of core inflation - the underlying story once the noise is stripped out.

US inflation rears its ugly head as global cycle nears danger zone

Perhaps a blip the will turn once sharemarkets tumble & assets fall in value ushering in deflation....