CPI Basically In Line As Wireless ‘Distortion’ Starts To Roll Off

Ok, who's ready for CPI? Wednesday was somewhat tumultuous early thanks to Donald Trump losing his mind on Twitter first thing in the morning, so here's hoping the inflation data doesn't do anything to destabilize the situation further. BofAML reminds you what to expect here: The disappointing slowdown in core CPI inflation last year was partially attributed to a one-off shock in wireless telephone services, which have up until now weighed on yoy inflation. In the upcoming March release,