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On the SPOT™ blog (01/12/2023) [T..]

Labor department released the CPI data today that showed that inflation is cooled in December. The numbers were in line with economists' expectations. Compared to November, overall prices perhaps declined (mainly powered by drop in gasoline prices). Reaction from investors was mixed as the numbers were not better than expectations and inflation still appears to be stubborn in areas such as food, housing and clothing. Stocks fluctuated but eventually all three major US indices finished the day in green.

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