The (https://www.marketwatch.com/story/feds-favorite-inflation-tracker-is-getting-an-overhaul-just-as-the-central-bank-weighs-interest-rate-hikes-whats-going-on-3ecb3a1c?mod=mw_rss_topstories) is the real issue here—you can't make confident rate calls when the metric guiding those calls is being redesigned mid-cycle.

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