Market reacts to lower US CPI

Aug 11, 2022 | Currency, Economy

For a change, US CPI inflation surprised to the downside and this triggered a significant market reaction, says BNZ Markets this morning. US short end rates are lower but the 10-year rate is back to flat on the day after an earlier fall, said Jason Wong, senior markets strategist. “Risk appetite has exploded higher, driving […]

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Market reacts to lower US CPI

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