What was the year-over-year inflation rate mentioned in the text?
U.S. Core Consumer-Price Gauge Rises Less Than Forecast at 0.2%
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The transcript discusses inflation rates, noting a 2.3% year-on-year increase and a muted month-on-month rise. It highlights the impact on investors and the Federal Reserve, with specific attention to shelter costs and other economic indicators. The Fed's focus on CPI and inflation expectations is emphasized, with a cautious outlook on market movements.
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1.
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3 mins • 1 pt
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2.
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How did the shelter costs and housing numbers behave according to the data?
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3.
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What does the text suggest about food prices and their trend?
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4.
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What overall sentiment does the text convey regarding inflation pressures?
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5.
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What is the significance of inflation expectations in the market as per the text?
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