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@PeteLeacock:Hi, tks for reading my post & sharing your reasonable view. US market may focus less on the headline itself & more on how the CPI print compares with expectations, including the NowCasting estimate, I feel.
Whatever the case maybe, Wed definitely jittery initially.
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@PeteLeacock:CPI probably decides the tone on Wednesday, but if it comes in near NowCasting the market likely shrugs it off. The gap between the print and that model matters more here
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