Issue 35 – Moderating Inflation plus Purple Mud rock the Markets

In October, the Consumer Price Index (CPI) rose 7.7% from a year ago, far better than expected. While the yearly increase is making the headlines, both investors and central banks are starting to give more weight to timely measures to see if the data confirms whether inflation has indeed peaked, and if the trend has turned.

 

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By Hubert Marleau

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By Hubert Marleau