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The Inflation Debate Rages On | Weekly Round Up

Inflection Point

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The Fed Is Trying to Re-Engineer Core CPI X Housing Services

The Fed is trying to, they continuously kind of re-engineer or, you know, create sort of different metrics that they care about. So basically all signs are kind of pointing towards things turning over. It just hasn't necessarily happened yet. And I would think they would have models at this point that would seasonally adjust correctly,. Anyway, so retail sales looked really good, except for two things.

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