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Core Inflation Softens, but the Final Mile to 2% Remains Sticky
Australian Dollar Breaks Out As Economic Winds Blow Toward Rate Hikes
The Fed’s Labor Market Divide Is Hardening Against Rate Cuts
At The Big Picture, Peter Boockvar reports that the implied inflation rate in the 10 yr TIPS is at the highest level since Sept 1st, 2008.
More on TIPS here: “The TIPS market is finally beginning to understand that inflation is not going to be unusually low forever.”
Dr. Duru