The January US CPI print was 7.5% YoY vs and expectation of 7.3% YoY and 7.0% YoY in December. This was the highest level since February 1982. In addition, the Core Inflation Rate, which excludes volatile food and energy prices, was up 6% YoY in January vs 5.9% YoY expected and 5.5% YoY in December. […]
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