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Overnight the Federal Reserve Bank of San.......>

FED
FED: Overnight the Federal Reserve Bank of San Francisco published an economic
letter that dissects the reasons for low inflation. They find " underlying price
data by spending category reveals that low inflation largely reflects prices
that are relatively insensitive to overall economic conditions" i.e. Healthcare
prices. 
- See:
http://www.frbsf.org/economic-research/publications/economic-letter/2017/novembe
r/contribution-to-low-pce-inflation-from-healthcare/

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