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On the SPOT blog (10/12/2022) [P..]

All three major US indices dipped slightly today as markets await the crucial CPI data due tomorrow. I think FOMC meeting minutes didn't show anything materially different that what is already clear from Feds' comments and PPI data that came out today was higher than expected so we still expect Feds' aggressive stance to tame inflation. Let's see how the inflation numbers are tomorrow and what impact it has on the markets.

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