New Overnight Developments Abroad - Daily Update
Electrifying Market Response to U.S. December CPI Data
January 15, 2025
At first glance, today’s huge sigh of relief by investors appears overly optimistic. They previously were fearful that disinflation may have run out of steam, or worse, given way to a fresh upward cycle. The total consumer price index increased 0.4% on month, propelled by a 2.6% leap in the energy component. Year-on-year inflation, a […] More
