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Inflation – Markets Have Moved On, Why Haven’t the Headlines?
Another month, another wiggle in US inflation data – and another round of mass overthinking. At least, that is our general read of coverage of Thursday’s September Consumer Price Index (CPI) report, which showed headline inflation decelerating from 2.5% year-over-year to 2.4%. “Core” prices (excluding food and energy) ticked up from 3.2% to 3.3%. […]
