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February 2023 CPI is expected to continue on its downward trend, recent developments are in line with the expectations. | February 2023 CPI is expected to continue on its downward trend, recent developments are in line with the expectations. | ||
However, core CPI, is expected to increase Y/Y compare to February, and to be higher than the headline CPI number. | However, core CPI, is expected to increase Y/Y compare to February, and to be higher than the headline CPI number. Sign of the stickines of the core inflation. | ||
We think the numbers will still be very high for the FED to fell comfortable to change its plan, especially since their focus is on the core numbers. | We think the numbers will still be very high for the FED to fell comfortable to change its plan, especially since their focus is on the core numbers. |