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On the SPOT blog (05/11/2022) [A..]

Updated: Aug 31

CPI data seemed to have indicated drop in rate of increasing prices. I'm not sure if this entirely due to gas prices but at least that might have given hope of being past the inflation peak. I don't think that hope lasted very long in the day as US indices finished the day in solid red. Perhaps this uncertainty will continue in the short-term at least until we start seeing consistent progress in balancing inflation and growth.

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