
Episode 44: What’s next for the Fed and the high-yield bond market?
The Investment Intelligence podcast by Allianz Global Investors
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Is Core Inflation Driving Core CPI?
Inflation is above 4% since last July. Two thirds of the core CPI basket is above 4%. So you're not stomping out little fires like used car prices or one off things. The lowest wage earners are actually seeing the largest wage gains that are offsetting inflation.
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