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Unusual Whales Pod #3 - CPI, Inflation, the Fed, and the larger Macro World

Unusual Whales

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The Service Component of CPI

The services component is the largest component of c p i. It's surging, and it's unrelated to a commodity prices. And again, if you look at the components that drive inflation, wealth in a, aa, credit growth, those things continue to trend very high. The last time they did a 75 basis point hike to the most recent one, you actually had a massive loosening. So i think the fed is not doing enough.

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