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Sticky Inflation To Remain A Bigger Problem Than Markets Are Ready For | Wolf Richter

Wealthion - Be Financially Resilient

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The Strength of the Consumer

Inflation has continued to dish up nasty surprises, and it seems like we're going to keep getting them. We had energy prices collapse, so that pushed down the overall inflation rates. Food prices have started to come down a little bit. But in terms of services, you know, two thirds of consumer spending and core goods are still high. It looks like it's got to stay this way for now.

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