Forex, video, latest June 11, 2021 6:01 am
Inflation data from a US on June 10 came inside hot:
Or, maybe it did not:
- a Federal Reserve Bank branch inside Cleveland publish their own CPI index, its trimmed-mean inflation index rose 2.6% y/y (0.4% m/m)
- ‘trimmed mean’ translated means, inside a nutshell, that a index strips out those items with a biggest price swings, an attempt to gauge a underlying rate of inflation
Cleveland measure bounded inside red below become give a FOMC comfort:
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