The CPI was a pleasant surprise. Headline came in at an 5.4% annual rate in October. Core (excludes food & energy) was an 3.3% annual rate. And supercore, which also excludes shelter & used vehicles, was only 1.8% ar.
— Jason Furman (@jasonfurman) November 10, 2022
Another 1 or 2 months like this and can relax a little. pic.twitter.com/ahP8jMEWhk