Western inflation re-accelerates in 2023

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Quick Take Many Western countries are beginning to see a re-acceleration of inflation as negative real rates (meaning that interest rates are lower than the rate of inflation) continue. Last week, the U.S. PCE index reached 4.4%, exceeding expectations. The U.K. also saw core inflation re-accelerate to forty-year highs. New inflation data for other Western […] The post Western inflation re-accelerates in 2023 appeared first on CryptoSlate.
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