US CPI hits four year low at 2.3%, but core inflation holds steady at 2.8%

US headline CPI rose just 0.2% mom, below the expected 0.3% mom. Core CPI, excluding food and energy, also increased by 0.2%, undershooting forecasts of 0.3% mom.
On an annual basis, headline inflation eased to 2.3% yoy from 2.4% yoy, the l
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