On the SPOT™ blog (04/12/2023) [R..]
- Salyl Bhagwat
- Apr 12, 2023
- 3 min read
The news that came out this morning seems to be good. CPI numbers showed prices went up less than estimated in March. It suggests that inflation is cooling and that might be music to Feds' ears. The next FOMC meeting is not until May so it is too early to celebrate but it appears to be in the correct direction anyway. This might be the reason why all three major US indices appear to be in the green or close to green this morning (PST).
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