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by spaceman_2020 1349 days ago
How is core CPI “looking good”? It was 5.9% in July, 6.3% in August, 6.6% in September.

That’s the opposite of “looking good”.

1 comments

You're quoting backward looking numbers, not forward looking ones which is the entire point of this post. If core went up 6% in january and 0 since then you could say the same thing, but no one would think it's a problem.
I'm not sure I follow. The trend is clearly on the up month-over-month, not down or flat. Is there any other way to infer this?

Genuinely curious.