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Falling Energy Prices Disguise a Relatively Hot CPI

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The CPI came in at 0.37% for the month of February. While this was in line with expectations, it is still a 4.5% annualized increase in prices. And falling energy prices made the CPI look cooler than it actually was. Figure: 1 Month Over Month Inflation The YoY CPI came in at 6% even which […]

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