(1) Consumer inflation remains subdued. (2) Hard to hit 2.0% inflation target. (3) No inflation in consumer nondurable goods. (4) Medical care services has lower inflation and higher weight in PCED than CPI. (5) Rent of shelter has above-average inflation rate in both PCED and CPI, but less weight in the former. (6) Why is CPI inflation higher in US than in Eurozone and Japan? (7) Nonsensical vs sensible: CPI-adjusted wages have been stagnating for 40 years, while PCED-adjusted wages have been on solid uptrend since mid-1990s. (8) Will Brexit be postponed again?
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