We have pounded the drum on residual seasonality. Present-day quite small CPI and Main CPI studying for June is an additional reminder the amount of begin-of-April value resets manufactured inflation glance even worse than it really was early in April, Might and June 2024. Underlying inflation is back for the RBZ focus on.
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The CPI release for May perhaps is excellent news for the Federal Reserve and it is going to be a lot better information for your PCE price index. #inflation #financialplanning #ratecuts
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