- Prior reading was also 2.0%
- Headline CPI 2.2% y/y vs 2.1% exp
- Sandy had ‘virtually no impact’
Inflation isn’t on the Fed’s radar, or the market’s.
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US Oct core CPI 2.0% y/y vs 2.0% y/y exp
US Oct core CPI 2.0% y/y vs 2.0% y/y exp
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