Feb 16
The Bottom Line A surprising favourable January U.S. Consumer Price Index prompted an encouraging recovery by U.S. equity indices on Friday. January CPI increased only 0.2% versus consensus at 0.3%. On a year-over-year basis, January CPI increased only 2.4% versus consensus at 2.5% and versus 2.7% in December. Excluding food and energy, the January report […]
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