Econ Data, Metals Melt & Disney Earnings
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The Fed Is Watching Core Inflation Come Down
EY: Inflation is still almost 5% and far from target. But some of the stuff that I think could have surprised us to the upside in a bad way is showing signs of relaxing. So I don't think this used car price thing is going to persist, which would mean maybe next month, core inflation comes down even further. EY: Even if inflation keeps coming down, it stopped coming down as quickly as it had been since the peak.
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