The widely anticipated U.S. inflation report landed with a pleasant scent, but the kind of freshness that fades once you open a window. The cooler-than-expected November report owed more to missing data and statistical tilt than real disinflation.
The widely anticipated U.S. inflation report landed with a pleasant scent, but the kind of freshness that fades once you open a window. The cooler-than-expected November report owed more to missing data and statistical tilt than real disinflation.