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jbog

05/25/22 6:39 AM

#25991 RE: n4807g #25989

n4807g,

I'm paying more attention to the month to month inflation numbers and they might be moderating in the area of a 4% annual rate now rather than the headline year over year numbers.

We had a couple of macro events over the last year that are polluting the yearly rates. Ukraine, Commodities and Energy look like one time increases at this point.

We'll see.