“Has there ever been a bigger gap” between economic mood and actual numbers? Chicago Fed chair asks

Financial

As a quick check on the state of play in the U.S. economy, the latest numbers show inflation is down to 3.2%, and core inflation, with food and energy prices removed, sits at 4% — double the 2% mark that the Federal Reserve is looking for. Meanwhile, the average 30-year mortgage rate is sitting at…

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