Look carefully, however, and both Wall Street's euphoria and the hawks' nervousness are overdone. Inflation is always a risk, but the Fed is hardly in danger of allowing price pressures to get out of control. Figures released on September 19th showed that core consumer prices, excluding food and fuel, rose by 2.1% in the year to August, down from 2.2% in the year to July.
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Excluding food and fuel, the so-called core rate was unchanged, capping the smallest 12 - month gain in four decades.
扣除食品和燃料,过去12个月的核心消费价格指数维持不变,是40年来最缓慢增幅。
Figures released on September 19th showed that core consumer prices, excluding food and fuel, rose by 2.1% in the year to August, down from 2.2% in the year to July.
9月19日报告的数据表明核心消费者价格指数,当去掉食品及燃料影响后,今年至8月仅增加了2.1%,比7月报出的2.2%要低。
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