date:Apr 01, 2013
1.3 percent in the 12 months through January.
The benign inflation picture should give the U.S. central bank room to continue with its monetary stimulus as it seeks to boost job growth.
The Fed said last week it would maintain its monthly $85 billion purchases of mortgage and Treasury bonds until it saw a substantial improvement in the job market.
This is plenty of ammunition for all those Fed officials, who currently do not want to scale back the degree of monetary accommodation, said Harm