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Have We Passed Peak Inflation?

The Breakdown

00:00

The Year Over Year Corinflation Rate Is Up a Little Over Zero.

The headline year over year inflation was eight point five %, versus the 8 point seven % that was expected. The decrease was driven, as expected, by gasoline. Food is still really expensive, up ten point nine % over year. Shelter costs continue to rise,. In spite of that, however, markets were pumped. There remain big concerns about stagflation.

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