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Inflation Ticks Up Slightly – Here’s Why that Matters Less than You Might Expect
Consumer Price Index (CPI) inflation ticked up in October, inching from 2.4% year-over-year to 2.6% as rents, used car and car insurance prices offset continued deflation for goods. Robbed of an upcoming election through which to interpret the data, headlines turned to another familiar argument: inflation clearly isn’t yet back to normal, and the […]
