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Real-time Inflation Falls to 1.75%, Stirring Speculation on Fed Rate Moves

  • Real-time inflation as reported by Truflation has dropped to 1.75%, sparking speculation on potential rate cuts by the Federal Reserve.
  • Truflation uses online data to provide a current snapshot of inflation trends, indicating a 0.52% drop compared to the previous month.
  • While Truflation's data can be insightful, it is not a key factor in Federal Reserve's monetary policy decisions, which primarily rely on lagging indicators like CPI and Core PCE.
  • Official inflation indicators like CPI and Core PCE still show concerns, with CPI at 2.4% and Core PCE between 2.1%-2.3% in June.

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