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Inflation Quick Watch: Only used cars prevented a yuuuuge dovish surprise

Overall food for doves in the inflation report as some of the wage intensive categories show CLEAR signs of decelerating. Used cars increase a whooping 4.45% on the month and without it this would have been a HUGE dovish surprise.
2023-05-10

Overall food for doves in the inflation report as some of the wage intensive categories show CLEAR signs of decelerating. Used cars increase a whooping 4.45% on the month and without it this would have been a HUGE dovish surprise.

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