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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs
WASHINGTON (MarketWatch)
U.S. consumer prices were unchanged in June as the higher cost of food offset another decline in energy, the Labor Department said Tuesday
The energy index fell 1.4% while the food index rose 0.2%
So-called core prices, which strip out volatile food and energy costs, rose a seasonally adjusted 0.2% last month
Economists surveyed by MarketWatch had forecast a no change in the main CPI and a 0.2% increase in core CPI
Consumer prices have risen an unadjusted 1/7% over the past 12 months, the same as in May
The core rate has increased 2.2% over the past 12 months, down from 2.3%
The government also reported that inflation-adjusted hourly wages, on average, rose 0.2% in June
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