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Gbill7's avatar

It looks pretty much as you called it, Peter. However, the Epoch Times noted that core inflation came in slightly lower than expected:

https://www.theepochtimes.com/business/inflation-ticks-up-again-in-june-as-annual-rate-reaches-2-7-percent-5887575?utm_source=ref_share&utm_campaign=copy

Any thoughts on this?

Also, do you see anything in the just-released data that you find more worrisome than you had anticipated?

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