RE: Let the Shorts Burn10 Nov 2022 14:02
Just out !!!! FT Breaking News
US consumer price inflation fell to its lowest year-on-year level since January in figures released on Thursday, sending US stock index futures and government bonds rallying.
The annual pace of the consumer price index slowed to 7.7 per cent, down from 8.2 per cent in September. Month on month, the index jumped by 0.4 per cent in October, the same increase as marked in September, less than economists’ consensus forecast of 0.6 per cent.
Once items such as food and energy are stripped out, “core” CPI rose 0.3 per cent, well below the 0.6 per cent pace recorded in September. Compared to the same time last year, it is up 6.3 per cent.