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I'm excited because the US CPI is slowing down, but look at this. Be careful.

⚠️ Be careful ⚠️ It's the US CPI, but it looks like the core is declining and it's not going down at all, is it? The reason it looks better compared to the previous year is because the previous year was high, and in comparison to where it has declined from now on, the year-on-year ratio is lower, making it difficult to come out. The core is still rising month-on-month, and if the decline continues to slow, it seems likely that there will be situations where it will rise higher compared to the previous year.
I'm excited because the US CPI is slowing down, but look at this. Be careful.
I'm excited because the US CPI is slowing down, but look at this. Be careful.
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