Pantheon Macroeconomic says CPI data is consistent with 0.23% increase in core PCE ...Middle East

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That is not too bad. It is still above the 2% in target. Meanwhile Wall Street Journal's tomorrow's is saying that the:

"September rate cut could of been derailed by CPI print today, and the July CPI wasn't a "no inflation" reading, but it wasn't hot enough to stop a September cut." This article was written by Greg Michalowski at investinglive.com.

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