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10th May 2023 15:25U.S., Daily Monitor

  • Core-core inflation was well-behaved in April, and declines in other components likely will continue.
  • The huge surge in used auto prices is noise not sig- nal, but it could lift the core PPI print today.
  • Seasonal pressures point to upside risk for jobless claims today; either way, the trend is rising.

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Keywords for: 11 May 2023 US Monitor

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