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You Won't Believe the Truth About Inflation - Daily Live 12.19.22 | E284

Bitcoin & Markets

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Fed Inflation Projections Make No Sinn

The feds inflation projections make no sense and central bankers could have been misled by cyber attack ahead of the December FOMC meeting. The officials projected core PCE inflation, which strips out volatile food and energy prices to average 4.8% in 2022. That comes after a closely related measure of price growth clocked in below economist expectations in November with core CPI inflation coming in at 6% year over year.

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