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How Large Are Inflation Revisions? The Difficulty of Monitoring Prices in Real Time - Liberty Street Economics
https://libertystreeteconomics.newyorkfed.org/2023/09/how-large-are-inflation-revisions-the-difficulty-of-monitoring-prices-in-real-time/
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The key features of the recent inflation spike and subsequent moderation may look quite different in hindsight once further revisions have taken place.
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