US consumer prices up 0.5 pct, triggering inflation fears
Fundamental outlook US consumer prices rose 0.5 per cent in January. On an annual basis, inflation rose 6.4 per cent, triggering new fears of an inflation. The market expects few more rate hikes to curb the persistent inflation. US producer prices rose 0.7 per cent in January. Core producer prices gained 0.5 per [...]
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