Looking at core inflation less shelter, you could say that we have reached a growth rate that is consistent with the Fed's target of 2%....

Limbo: in a state of uncertainty, up in the air, in abeyance, betwixt and between. (Collins Dictionary). Stuck between heaven and hell...

Today’s US CPI report delivered another shock to markets by giving investors even more reason to fear a Fed policy mistake.

Fear and loathing has spread like wildfire in risk asset markets since the Fed "surprised" investors by looking beyond the end of QE...