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Tue Sep 14, 2021, 09:45 AM

CPI (Inflation) for August comes in lower than expected.


"The core measure of CPI, which strips out volatile food and energy prices, slowed more than expected to come in at 4.0% year-over-year in August after growing by 4.3% in July. Consensus economists were looking for CPI, excluding food and energy prices, to rise by 4.2%. "

Inflation is leveling off, most of the reported inflation was due to prices being compared to unusual 2020 months that were skewed due to Covid. We actually had deflation for a few months in 2020. Experts expected it to level off, but this beat those expectations.

Long story short, FOX News sees a caravan of immigrants approaching our Southern border any month now.

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