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Monster Trucks With Monster Bills
Since just before the pandemic during January 2020 through March of this year, the CPI indexes for new autos, auto…
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Is Inflation Persistent, Sticky, or Transitory?
In our opinion, price inflation is turning out to be transitory after all. Wage inflation is more persistent, but moderating.…
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PCED Inflation Rate Still On Moderating Course
Both the headline and core PCED inflation rates rose 0.2% m/m in July. Fed Chair Jerome Powell anticipated…
