US Core CPI printed cool at .2% versus .3%. Headline inflation was higher than core due to seasonal adjustment of gasoline prices and higher nat gas prices resulting from colder-than-normal weather.
This watered-down snapshot of the service sector is gradually closing in on the general services segment as the shelter component continues to cool. Another core measure of inflation that excludes ...
Stocks had started the day on a strong note, with the Dow almost 700 points higher immediately after the latest inflation snapshot was released. Data showed a slowdown in the core measure of the ...
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