15 Feb Inflation, Interest Rates, and Investment Opportunities
Dear Traders, Happy CPI Day! Over the last two years, the Consumer Price Index (CPI), or simply inflation, has caused more market volatility than anything else. The high-interest-rate period and financial tightening we're seeing from the US Central Bank aim to control this inflation. The January figures, released at 8:30 a.m. New York time, were expected to show disinflation spreading from goods to services. But that did not happen. The CPI increased 0.3% last month after gaining 0.2% in...