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  • At a glance: What you need to know from last week

    From ubs.com

    The US consumer price index for March showed signs of cooling inflation. Headline CPI rose 5% year-over-year, the smallest increase since May 2021. However, core CPI increased by 5.6% y/y, up from 5.5% previously. US producer price inflation is also easing. The producer price index rose 2.7% year-over-year in March, down from 4.9% in February. The softer data support perceptions that the Federal Reserve is nearing the end of its tightening cycle. But we see reasons to stay cautious about the outlook for the US economy. We think the central bank is likely to want to see the hikes delivered thus far bringing inflation ... (full story)

"At a glance: What you need to know from last week......" Is a lot of bullshit that MEANS NOTHING!

...... except for the risk of getting infected with a bad bias!.........HTMRW.

If you trade, then what matters is what is happening as you trade, as shown on your charts.........HTMRW.
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