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US CPI preview: "A hotter advance in categories outside of energy and food"

US CPI preview:
Via CIBC, this is in brief from their US CPI preview.CIBC are in line with the consensus expectation on core prices, citing:core CPI prices could have risen by 0.4%, extending April’s momentum, in line with continued strength in the labor market that will have worked to support demand, implying an acceleration in the Fed’s preferred sub-category of services ex. housing. The risks to the core figure could be slightly to the downside, as the rent measures could have resumed their deceleration foll... Read More
Posted: Jun 12 2023, 21:20
Author Name: forexlive
Views: 102825

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