Inflation Continues to Deflate

Dear valued client, Markets rose yet again this week as inflation in the U.S. continues to dissipate. CPI figures for November came in at 3.1% (compared to 3.2% in October and 3.7% in September). The Federal Reserve, as expected, decided to hold the overnight lending rate at 5.25-5.5% in its meeting Wednesday.  This development is […]