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CPI Heated Up In December: The Big Point

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.

CPI increased .3%, instead of .2% as expected by economists.

December Core CPI grew .3% as projected.  Core CPI is at 3.9%, ahead of estimates for 3.8%.

Shelter and energy costs were the culprits last month.

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