FastSaying
There is the pessimistic notion that this is not going to go away and that's going to have a more lasting impact on driving habits and behavior, I suspect, than we've seen so far.
David Resler
Not
Notion
Pessimistic
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This is the kind of thing that happens with economic data. In any given month, you have random variations in price trends Those random changes tend to offset each other.
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It's going to take a lot more than one month to convince me we are in a worrisome trend.
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I think we can look to several more months, if not years, of this kind of performance. This is a terrific inflation report - exactly the kind of thing we all like to see.
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