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CPI Spiked Again in August Throwing Cold Water on Disinflation Narrative

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About that disinflation… It was transitory. As we predicted, a jump in gasoline prices helped drive the August Consumer Price Index (CPI) higher, throwing cold water on the disinflation narrative. Consumer prices rose by 0.6% month-on-month in August, according to the latest data released by the Bureau of Labor Statistics (BLS). It was the biggest […]

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