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jdenning
on April 29, 2023
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U.S. regulator set to take over First Republic
Many prices change seasonally; comparing inflation to the rate 12 months ago accounts for any seasonal variance.
dragonwriter
on April 29, 2023
[–]
First: the 12-month trailing rate compares price level, not inflation rate, to 12-months ago.
Second, looking at the monthly seasonally adjusted numbers
also
accounts for seasonal variance.
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