U.S. inflation data for December is in, and while market reaction was perhaps a little muted relative to recent releases and the hype surrounding it, the overriding message for investors was clear: keep calm and risk on.
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Wall St ends up as data suggests inflation may be on downward trend
U.S. stocks closed higher on Thursday, extending recent gains as data showing a fall in consumer prices in December bolstered expectations of less aggressive interest rate hikes from the Federal Reserve.
U.S. inflation data for December is in, and while market reaction was perhaps a little muted relative to recent releases and the hype surrounding it, the overriding message for investors was clear: keep calm and risk on.
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