USD: US CPI: Nothing In It To Sway The Fed From Doing ‘Nothing’ For Now – CIBC

Inflation is on the rise in the US and some suspect a rate hike is coming. Perhaps not so fast. Here is their view, courtesy of eFXdata: “By the magic of seasonal adjustment and methodology revisions, US CPI managed to be both a bit hotter and a bit cooler than expectations at the same time. […]

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