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October 2022

Has Inflation Peaked?

OCTOBER CPI REPORT COOLER THAN EXPECTED Inflation in October was up 7.7 percent year-over-year, down from 8.2 percent in the previous month. The Core CPI, a less volatile measure that excludes energy and food prices, increased 6.3 percent, down from 6.6 percent in the year through September. Even though still running at a historically high pace, the CPI at 7.7 percent is less than the 7.9 percent that...

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