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Super Brief: Best Quarter, Worst Print — Super Brief
Published 1 week, 6 days ago
Description
Best Quarter, Worst Print. May CPI printed 4.2%, the hottest headline since early 2023, and the two markets that read it reached opposite conclusions. Energy did the damage, up 3.9% in May alone and over 60% of the monthly increase, while core sat at 2.9% and shelter posted its softest month since late 2021. Trump named the t