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Jul 12 2018

Inflation—Largely In Line

  • Jul 12, 2018

The year-over-year headline number was in line with market expectations but the month-over-month increase missed market consensus (0.1% vs. 0.2% expected). All else being equal, there is a good chance CPI might have peaked for 2018. A stronger dollar is disinflationary while the short term impact of tariffs is higher import prices.

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About The Author

Chun Wang / Sr. Research Analyst & Co-Portfolio Manager