As interest rate hikes take effect, CloudQuant forecasts a decline in core CPI.
The story of interest rate hikes and the impending impact on U.S. economic growth is well known by now. But there’s another important component of inflation that most people aren’t aware of – core CPI. This measure consists of more volatile items like food and gas, which has historically been a reliable indicator for inflation as it applies to consumer purchasing power over time.
To know more visit here: https://www.cloudquant.com/clo....udquant-predicts-cor
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