Surveillance: BOE Steps Up Inflation Fight
Bloomberg Surveillance
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The Risks of Disinflation in the US
The way that the PEC price index is computed and are calculated has inherent stickiness in it. To get a really good sense of what flexible prices are doing, you have to look at narrower indexes. And when we do that, we see a lot more disinflation already. The Atlanta Fed index, the flexible basket versus the sticky basket, has actually seen a huge divergence in the last few months.
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