Inflation

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record lows at 4.1% even though labor participation rose.2% to 61.6%. So good news on the jobs front, good news on the GDP front. The economy is running hot. And then there was also some good news on inflation. We saw that core PCE just came in at 3.0% 0% versus 3.3% expected. So inflation is still a bit too high, but actually it is cooling and beating expectations. And then finally, you look

So inflation is still a bit too high, but actually it is cooling and beating expectations.

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