The only release today is the CPI, which shows that inflation eased last month. The overall CPI was unchanged for the month, and the core rate (ex-food and energy) rose only 0.2%. On a year-over-year basis, CPI fell from 3.6% last month to 3.4%, while the core rate only rose 2.2% from last month’s 2.1%.

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Dale Franks
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