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The Pros & Cons of More Volatile US Inflation
After 12 months in a row of falling annualized inflation numbers, the latest reading ticked slightly higher this month. Here are those numbers from the peak in June 2022: • 9.06% • 8.52% • 8.26% • 8.20% • 7.75% • 7.11% • 6.45% • 6.41% • 6.04% • 4.99% • 4.93% • 4.05% • 2.97% • 3.18% For a while there stagflation was all the rage. That risk subsided relatively quickly as the economy remained strong and the stag part of that equation fell by the wayside. Plenty of people are still worried about a potential recession (and probably always will be) but the new risk is the potential for an ... (full story)