Living In An Inflation-less World … Core CPI Declines To 1.61% YoY, RENT CPI At 2.5% YoY

Living in an inflation-less world …

Core inflation YoY checked in at 1.61%, well below the 2% target rate of The Fed

But housing rent inflation checked in at 2.5% YoY.

And I am an inflation-less economist.

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