The Consumer Price Index, or CPI, report for November 2023 was roughly in line with expectations. However, close analysis reveals important details. Core services ex-housing CPI, a metric closely ...
“Core services” CPI jumped by 0.66% in January from December, or by 8.2% annualized. In this inflation cycle, only three months were worse (April, June, and September 2022). “Core CPI,” a measure of ...
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