US CPI has moved down from a peak of 9.1% in June 2022 to 3....

Fed releases FOMC minutes, PPI raises: Is inflation under control?

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old Micheal joined discussion · Oct 13, 2023 02:13

US CPI has moved down from a peak of 9.1% in June 2022 to 3.7% today.
What's driving that decline? Lower rates of inflation in Gas Utilities, Used Cars, Fuel Oil, Medical Care, Apparel, Food at Home, New Cars, Electricity, Gasoline, and Food away from Home.
Shelter and Transportation are the only major components that have a higher inflation rate today than June 2022.

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old Micheal

Sharing some important charts

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