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Consumer prices accelerated in December, so that means the term "transitory disinflation" will be out in full force for the third time in a year. The risk of actual inflation, however, remains incredibly low to non-existent regardless of what that term implies. And that's easily established by the growing mountain of evidence and a host of clear historical parallels. Eurodollar University's Money & Macro Analysis BLS CPI Press Release Jan 11, 2024 https://www.bls.gov/news.release/cpi.htm https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #ratecuts #federalreserve #fomc #fedpivot #cpi |