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What's on tap for inflation in the second half of 2023?
The consumer price index cooled further in June as food and energy prices have eased in recent months. But strong housing and services inflation continues to drive a hot pace of core inflation – a key focus area for the Fed. Are there any signs that core inflation will decline over the second half of 2023? And what is our updated outlook for the Fed based upon expected inflation trends? Nationwide's Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers share their perspective on inflation. [NFM-22911AO]
The skinny
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