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The overshoot in headline CPI came mostly from higher shelter prices, while the Fed’s preferred ‘super core’ rate that excludes housing declined to 3.91% YoY from 4.05% in August.
By Jackson Square Capital, LLCWould you like to learn more about Jackson Square Capital or receive Inside Markets as a daily email? Join the Jackson Square Capital community by sending an email to [email protected].
The overshoot in headline CPI came mostly from higher shelter prices, while the Fed’s preferred ‘super core’ rate that excludes housing declined to 3.91% YoY from 4.05% in August.