Two big inflation stories emerge: Morning Brief

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Wednesday, July 14, 2021

Pandemic pressures linger but new pressures emerge

June’s inflation data was a barnburner. 

Data from the Bureau of Labor Statistics published Tuesday showed the consumer price index (CPI) rose 5.4% over last year on a headline basis, and 4.5% on a core basis. That measure strips out the more volatile components of food…


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