Responses to the hot US CPI number continue – transitory … but
Plenty of takes on the US CPI data (released Thursday: ) are about.
US May CPI +5.0% y/y vs +4.7% expected
This from Rabo is an interesting one:
Strucural changes have been an argument for lower inflation, not higher (think tech change driving product improvements and supply).
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June 10, 2021 at 06:38PM