U.S. inflation is stickier than July's mild CPI suggests. BTC trades choppy Underlying economic pressures in the U.S. remain stickier than the consumer price index figure released Wednesday implies, according to macroeconomic writer Mike “Mish” Shedlock. The CPI report showed inflation slowed in July amid a short retreat in energy prices. In a blog post Wednesday , Shedlock noted that temporary drops in energy and gasoline prices make the headline figure look small. However, underneath, in…
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