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Consumer Inflation Surprise - Market Update 3-18-24
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Hey everyone, it's Larry Bailey. This is for the Week of March 11, 2024, in Review:
Both consumer and wholesale inflation were hotter than expected last month. Plus, retail sales in February rebounded from January’s sharp decline, but not as much as economists had forecast. Here are the headlines:
- Upside Surprise to Consumer Inflation
- Wholesale Inflation Comes in Hot
- February Retail Sales Below Estimates
- New Seasonal Adjustments Impact Jobless Claims
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