We've pounded the drum on residual seasonality. Today's pretty very low CPI and core CPI looking through for June is yet another reminder how much get started-of-April cost resets created inflation glance even worse than it really was early in April, Could and June 2024. Fundamental inflation is back again to your RBZ target.
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The CPI release for May perhaps is superb information for the Federal Reserve and it'll be even better news with the PCE cost index. #inflation #financialplanning #ratecuts
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