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The “extra” core CPI inflation proper now could be a lot much less broad than what we noticed in 2022.
In 2022, inflationary pressures hit many classes.
In distinction, proper now, solely two are stronger than we might count on below 2% PCE pre-pandemic: housing–the lion’s share–and auto insurance coverage. pic.twitter.com/hZ8DwGWE5Y
March’s US Retail Gross sales information experiences a giant upward shock 0.7% MoM vs. a forecast of 0.4%. Listed here are the main points behind the transfer from ECAN<Go>. pic.twitter.com/7AcRZEFJj9
I simply listed my home. 14 showings in 2 days earlier than the open home. First supply got here in 11% over asking with no contingencies. Purchaser is placing 20% down with a 7% 30 yr mortgage for the remaining. I’ve owned the home for 7 years and it has appreciated 60% w/ no renovations.
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