Fed watcher Nick Timiraos flags 8.2% three-month annualized CPI pace

ME News reported that on June 10 (UTC+8), "Fed Whisperer" Nick Timiraos published an analysis showing headline CPI rose 0.47% month over month, equivalent to a 5.8% annualized pace. The unadjusted year-over-year CPI rate climbed to 4.2%, the highest in three years. On a three-month annualized basis, CPI was up 8.2%. (Source: ODAILY)