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13th Jun 2022 00:30U.S., Daily Monitor, Weekly Monitor

The downturn in core inflation is set to stall over the summer, while the headline rate will hit new highs…

…But core-core prices are now rising less quickly, thanks to slowing wage gains.

The Fed will hike by 50bp this week and in July, markets permitting, but we expect 25bp in September.

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Keywords for: No Relief as Energy, Food, Cars, and Rent Hide Better Core-Core CPI

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