US CPI Inflation Continues to Slow in December
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US headline CPI inflation eased from 7.1% y/y (0.1% m/m) to 6.5% y/y (-0.1% m/m) in December, in line with consensus estimates. Lower energy prices (-4.5% m/m) drove the bulk of the deceleration in headline CPI. Core CPI also moderated from 6.0% y/y (0.2% m/m…
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