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March 22, 2023

Inflation measures in the U.S. continued to decelerate on a rate of change basis in February

Throughout 2022, there was much debate on whether inflation measures would continue to accelerate toward record growth rates. Since the middle of last year, we have been discussing our view that inflation would likely slow on a rate of change basis as the comparison set got tougher and consumer demand decelerated. Last week we received...
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