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The agency said an unexpected downshift “can cause the vehicle to slow down suddenly and without warning. This can also cause the rear tires to skid or lock up, increasing the risk of a crash.”. The investigation is pending. Ford also said it is issuing two other recalls. One covers 28,200 2017-19 Lincoln Continental vehicles in North America for door latches that may not engage due to the buildup of silicon contamination and could result in the door opening while driving. Ford said it was not aware of any reports of accidents or injuries. Dealers will replace the door latch assemblies in all four doors.

WASHINGTON (Reuters) - U.S, consumer prices were unchanged for a third straight month in January, leading to the smallest annual increase selfridges cufflinks in inflation in more than 1-1/2 years, which could allow the Federal Reserve to hold interest rates steady for a while, The Labor Department’s report on Wednesday supported the Fed’s recent description of price pressures being “muted.” In a policy statement last month, the U.S, central bank kept rates unchanged, pledged to be “patient” before tightening monetary policy further and discarded promises of “further gradual increases” in borrowing costs..

“Inflation still appears to be well in check,” said Jim Baird, chief investment officer at Plante Moran Financial Advisors in Kalamazoo, Michigan. “That should be enough for the Fed to take time to evaluate the gradual effects of its prior rate hikes and move more slowly and thoughtfully in administering rate policy in the months ahead.”. The Consumer Price Index last month was held down by cheaper gasoline, which offset increases in the cost of food, rent, healthcare, recreation, apparel, motor vehicles and household furnishings. In the 12 months through January, the CPI rose 1.6 percent, the smallest gain since June 2017. The CPI increased 1.9 percent on a year-on-year basis in December.

Excluding the volatile food and energy components, the CPI gained 0.2 percent, rising by the same margin for a fifth straight selfridges cufflinks month, In the 12 months through January, the so-called core CPI rose 2.2 percent for a third straight month, Economists polled by Reuters had forecast the CPI edging up 0.1 percent in January and the core CPI rising 0.2 percent, While the steady increases in core inflation resulted in the biggest three-month annualized gain in 10 months, economists said they did not believe it signaled a material shift in underlying inflation trends..

“The Fed will be focused more on longer time frames,” said Eric Winograd, senior economist at AllianceBernstein in New York. “The quarter-on-quarter annualized figure has moved both higher and lower without signaling any meaningful change in the year-on-year rate before.”. The dollar rose against a basket of currencies as traders focused on the three-month rise in the core CPI. Prices of U.S. Treasuries fell. Stocks on Wall Street were trading higher amid optimism that the United States and China could strike a deal during trade talks in Beijing.

Despite the increases in the core CPI, underlying inflation remains moderate, The Fed, which has a 2 percent inflation target, tracks a different measure, the core personal consumption expenditures (PCE) price index, for monetary policy, The core PCE price index increased 1.9 selfridges cufflinks percent on a year-on-year basis in November after rising 1.8 percent in October, It hit 2 percent in March 2018 for the first time since April 2012, PCE price data for December will be released on March 1, It was delayed by a five-week partial shutdown of the federal government that ended on Jan, 25..

Inflation is remaining moderate despite a tightening labor market, in part because of slowing economic growth in China and Europe, which is helping to lower oil prices. “We don’t see a ton of upside risk to inflation over the next several months,” said Ryan Sweet, a senior economist at Moody’s Analytics in West Chester, Pennsylvania. “The unemployment rate could fall even further without stoking significant inflation, since the slope of the Phillips curve remains flat.”.

The Phillips curve describes the relationship between inflation and unemployment, It holds that as unemployment declines, inflation should rise, In the current environment, the lack of a strong inflation impulse suggests there is no danger of the labor market overheating, In January, gasoline prices fell 5.5 percent after dropping 5.8 percent in December, Food prices increased selfridges cufflinks 0.2 percent, rising for a third straight month, There were increases in the prices of poultry, eggs, fish and beef, But consumers paid less for fruits, vegetables, cereals and dairy products..