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Posts Tagged: “omicron“
January 13, 2022
・Exploring Finance
Is Omicron Hiding Much Higher Inflation?
The CPI for December was 0.5% month over month, with a non-seasonally adjusted annual rate of 7.0%. As the chart below shows, the December data reinforced a downward trend we’ve seen since a .95% reading in October. But is the recent omicron COVID spike hiding much higher inflation?
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