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US CPI: No inflation could mean bad news for US Dollar
US inflation was released earlier, and it wasn’t good. Although headline inflation was in line with expectations for January (MoM) at 0.3%, it was core inflation which set the tone for the markets. Core inflation for January (MoM) was 0% vs and expectation of 0.2%! Core inflation strips out the often-volatile components of the headline number, which are food and energy prices. As a result, the January annualized inflation remained unchanged from December’s number at 1.4%, while the annualized headline inflation component down ticked from 1.6% to 1.4%! Just as inflation expectations were starting to creep up in ... (full story)
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- Feb 10, 2021 1:29pm Feb 10, 2021 1:29pm
- gk111222333
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- Feb 10, 2021 1:46pm Feb 10, 2021 1:46pm
- SterlingSnip
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7 Years in the game, ride the trend or the trend will ride you
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- Feb 10, 2021 1:50pm Feb 10, 2021 1:50pm
- Simon-1988
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- funzodundee
- Joined Mar 2010 | Status: Member | 54 Comments
I am like the salmon- i have to go against the stream