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US inflation cools more than we dared hope

NAB Morning Call

00:00

Introduction

US equities are on the rise, particularly the NASDAQ at 1.2%. The S&P has climbed 0.7%, 0.3% for the Dow and gold has also climbed over 1%. So how much of this exuberance stems from yesterday's US inflation numbers? Let's talk about that with knabs.

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