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12th Apr 2023 15:15U.S., Daily Monitor

  • The FOMC is still more worried about inflation than growth; that view will not be sustained.
  • Core CPI rent increases are finally rolling over, but services inflation is still sticky, but not for long.
  • Core PPI inflation likely fell again in March as margins compress and global goods inflation eases further. 

core cpi core PPI cpi fomc goods inflation inflation March ppi PPI inflation rent services inflation

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Keywords for: 13 Apr 2023 US Monitor A Prudent Tweak After SVB, or a Failure of the FOMC's Ima

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