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Thursday, September 12, 2024

Is the US inflation getting a rebound soon?

US core inflation (yoy): 3.2%
US core inflation (mom): 0.3%

As the core inflation is affected by the base year effect, we'll focus more on the monthly core inflation.  The monthly core inflation had an upward trend recently (Jun-Aug).  Thus, we don't think that the US inflation (CPI) has much room to decline any further.

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