CPI Inflation 4.25%, Blows by 2-Year Treasury Yield, Closes in on 10-Year Treasury, Driven by “Supercore” Services, Gasoline, Electricity
· wolfstreet.com
CPI Inflation 4.25%, Blows by 2-Year Treasury Yield, Closes in on 10-Year Treasury, Driven by “Supercore” Services, Gasoline, Electricity
Supercore services inflation surged, after taking off last fall. And AI data center demand drives electricity inflation.
The all-items CPI jumped by 0.47% seas...