date:Apr 16, 2014
the next six months.
It will take much more growth to get firms to believe that price increases can continue, said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania. If businesses don't think price increases can stick, inflation is not likely to accelerate sharply anytime soon.
The mixed bag of data weighed on U.S. stocks, while the dollar was little changed against a basket of currencies. U.S. Treasury debt prices rose.
Last month, consumer prices were bumped