CPI readings were a touch above estimates again in March. The actual data surprises are not nearly as dramatic as the market reactions, which have been almost entirely driven by sentiment swings.
Apr
10
2024
Inflation—Overreacting Much?
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![Chun Wang / Sr. Research Analyst & Co-Portfolio Manager](https://leuthold.imgix.net/leutholdgroup.com/site_files/authors/DSC_4146_LR_Chun.jpg?h=150&w=150&fit=crop&fp-y=.15)