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US Inflation Rates Soar Amid Seasonal Factors, Says Bloomberg Economics

US Inflation Rates Soar Amid Seasonal Factors, Says Bloomberg Economics
3 months ago

In a recent analysis, Bloomberg Economics has attributed the unexpected increase in the US Consumer Price Index (CPI) to seasonal dynamics rather than underlying economic issues. This surge in inflation, which has raised eyebrows among policymakers and market analysts, was notably influenced by typical seasonal price fluctuations that occur during certain times of the year.

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