As for U.S. inflation itself, it was better than expected: 4.9% in April after 5% in March. The market reacted, as expected, but it seems too early to rejoice. It is quite possible that by the end of the trading session the positivity will decline, as observed many times before.
At first glance, everything seems great. However, it is important to understand that annual inflation is now falling for technical reasons . For example, month-on-month prices in April rose by 0.4% after 0.1% in March. In other words, price growth has accelerated.
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Source: Utoday_en - 🏆 295. / 63 Read more »