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Jul 19, 2022 at 10:33 AM CST
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The Consumer Price Index shows that all items saw high inflationary pressure, amounting to 9% “all in,” meaning including volatile food and energy costs. However, he noted, the Core CPI number, which excludes food and energy, is starting to go down. “That’s in the 6% range, which is too high. We want to see it down at 2% to 2.5%. |
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