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Hiding from the future in the past

Core inflation over 5% is not a victory over inflation. Even after falling for ten months in a row, the headline number is still almost 5%. The ‘sticky’ inflation number is 6.5% year-over-year.

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Dan Denning
May 10, 2023
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Wednesday, May 10th, 2023

Laramie, Wyoming

Here’s your periodic reminder that core inflation over 5% is not a victory over inflation. Even after falling for ten months in a row, the headline number is …

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