The combination doesn't feel right. Actually, something stinks - just what is it exactly? Payrolls were strong, while core inflation rose. Nevertheless, the Fed signaled it's going to cut interest rate. Our shiny yellow friend, can you help us make sense of it all? The CPI rose 0.1 percent in June, by the same amount as in May, the government said on Thursday. However, the core CPI, which excludes food and energy prices, jumped 0.3 percent following a previous increase of 0.1 percent. So, the core rate scored the biggest gain in a year and a half, which suggests that the Fed's fears about tame inflation might be ... (full story)