CPI Print Less-Than-Expected, Equity Futures Pop
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CPI Print Less-Than-Expected, Equity Futures Pop
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Kevin Hincks reports from @cboeglobalmarkets as April's CPI print shows muted inflation data. One aspect of the report that stood out to Kevin: Energy prices up 0.7% month-over-month, with gasoline only down 1 tenth of a percent. Zooming out to the year-over-year picture, energy prices fell 3.7% with gasoline down 11.8% over the past 12-months.
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