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Essentials Daily Insights

US CPI Inflation Comes In Hot

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Headline inflation came in at 0.4% on a MoM basis and 3.5% on an annual basis, beating expectations of 0.3% and 3.4% respectively. Meanwhile core inflation came in at 0.4% on a MoM basis and 3.8% on an annual basis, beating expectations of 0.3% and 3.7%…

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