Thursday’s CPI report was a big downside surprise as more signs of disinflation appeared across the economy. Core CPI rose 0.06% in June, which brought the annualized rate to 3.27%. Core services were ...
One of our big themes for this year was that it would be the year of disinflation; a falling rate of positive inflation. The really good news in this latest inflation report is that shelter remains a ...
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