Prices are rising at a faster clip than expected. Month over month, headline CPI rose by 0.3%, above 0.2% expected. Year over year, the advance is already 2.9% in May, also beyond 2.7% projected. It is not only energy. Core CPI follows through to 2.6%, above 2.4% expected. GBP/USD is bouncing from the lows, hitting [...]
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