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Tuesday, May 12, 2026

US inflation has spiked beyond expectations!

US inflations: 3.8% (YOY) and 0.6% (MOM)

Core inflation: 2.8% (YOY) and 0.4% (MOM)

The US inflation will continue to remain high until next year and the US may not ease its rates this year because of the Iran war.  The longer the Iran war drags, the more the US and the world will suffer.

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