US inflation soars and the Fed panics
As has been the case for some time, US inflation figures exceeded expectations in January: 7.5% with inflation excluding energy and food at 6% yoy. We haven’t…
No big moves on financial market. January US inflation figures came out a bit below expectations, which reinforced the wait-and-see attitude and perplexity in a context of raising inflation fears. The main market mover will be jobless claims data today. The EUR/USD was stable yesterday around 1.2130.
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