US Core CPI Picks Up on Services

The United States has the best government data in the world by a lot, and there are dedicated civil servants who literally go around the country checking prices in every community of every variable and making sure the data is as clean and reflective of what's really happening as they can. My textbooks say you're going to be nuts. You can't cut rates given a two or three ish three month annualized inflation.Do you see any sense of transitory in these statistics. I think we're in a new regime for inflation. I ...