Good morning!
Macro comment: this afternoon (at 13:30 GMT) we'll have the monthly US inflation rate, and it's expected to come in at an annual rate of 2.7%.
If true, that would be a slight increase on the 2.6% recorded in October.
With thanks to TradingEconomics.com, here is the trend in CPI over the past year:
If November does come in at 2.7%, it will be seen as a short-term blow by many commentators. On the long-term, however, I think the progress in reducing inflation in the post-Covid era has... Читать дальше...