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An update on the most-important chart in the economic world

An update on the most-important chart in the economic world
I have showed this chart before because it shows how the CPI chart laps some very easy comps soon.What has emerged, pointed out by Omair Sharif, is that the numbers used on the chart are non-seasonally adjusted, which isn't what is commonly (universally, frankly) used for the m/m CPI numbers.What it showed was that even if CPI ran at 0.2% m/m until January, the year-over-year reading would rise to 3.9%.This is problematic for two reasons:1) If you use the standard seasonally-adjusted numbers, a... Read More
Posted: Jul 21 2023, 18:43
Author Name: forexlive
Views: 080932

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