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BBCNEWS Asia July 3, 2024

The cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is oth...
Weekend S F1 In Singapore Finish Line Energy Emissions Goals Consumer Prices Arunoday Mukharji Asia Business Report

BBCNEWS Asia July 3, 2024

A lot of the inflation, if you look at it in the us, is really coming from shelter and housing. And particularly you mentioned the cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reser...
Finish Line Energy Emissions Goals Consumer Prices Arunoday Mukharji Asia Business Report Inflation Rate

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