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re: CPI comes in hot at 3.4%
Posted on 5/15/24 at 7:58 am to StayStrapped
Posted on 5/15/24 at 7:58 am to StayStrapped
quote:
The CPI — the Federal Reserve’s preferred inflation gauge — rose 0.3% for the month of April, lower than estimates for a 0.4% monthly increase, according to economists polled by Dow Jones. The measure rose 3.4% year-over-year, coming in line with expectations. Monthly and yearly numbers for core CPI, which excludes volatile food and energy prices, were both in line as well.
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