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30th Oct 2022 16:23U.S., Daily Monitor

  • If core inflation and wage growth slow simultaneously, the Fed’s last hike will be in December
  • Don’t be deceived by low and stable initial claims; labor demand is slowing markedly.
  • The latest core CPI prints are grim, but recency bias is dangerous; change is coming, for the better

core cpi core inflation cpi December fed growth inflation labor labor demand rate hike wage growth

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Keywords for: 31 Oct 2022 US Monitor

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