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CPI report came out a few minutes ago showing core inflation, ex-food and energy I believe, remained unchanged in February. This allows the Fed to cut interest rates further next week if they deem it necessary. Everything I said about doom-and-gloom a couple of days ago can be tossed out the w
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1 year ago
1 year ago
1 year ago
I was surprised to see such tame CPI numbers but expect them to rise next month for March. There's absolutely no way inflation's remained tame during March (unless you're excluding energy and food).