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Is Core Inflation Yielding to the Fed?

Posted

August 11, 2023

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Core US inflation, which has been slow in yielding to the Fed’s antiinflation efforts, has recorded its smallest backtoback gains in more than two years, rising only 0.2% for a second consecutive month. Economists view the core measure as a better indicator of underlying inflation than headline CPI. How are markets responding to the data? Presented by @cmegroup

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Is Core Inflation Yielding to the Fed? · Bloomberg Television · Sentinel