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The Fed will likely focus on the MoM CPI numbers knowing that base effects skew the YoY numbers higher for the time being. Consensus is looking for both headline and core CPI to rise 0.2% MoM in July.
By Jackson Square Capital, LLCThe Fed will likely focus on the MoM CPI numbers knowing that base effects skew the YoY numbers higher for the time being. Consensus is looking for both headline and core CPI to rise 0.2% MoM in July.