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Consumer Prices (CPI) +0.3% in January vs. December, just above the consensus forecast...

Consumer Prices (CPI) +0.3% in January vs. December, just above the consensus forecast of +0.2%. Core CPI of +0.2% vs. +0.1% consensus. Consumer prices were flat vs. a year ago, against a consensus of +0.1%. Takeaway: consumer prices were much closer to consensus forecasts than were yesterday's wholesale prices.
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