Global markets ‘dodge significant bullet’ with CPI report

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Global markets ‘dodge significant bullet’ with CPI report
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CommSec’s Tom Piotrowski says the global markets “dodged a significant bullet” with the United States Consumer Price Index reporting “just below the market's expectations”.

CommSec’s Tom Piotrowski says the global markets “dodged a significant bullet” with the United States Consumer Price Index reporting “just below the market’s expectations”. “You had the headline rate of inflation come in at 3.

2 per cent, slight advancement compared to last month, but it was just below the market’s expectations,” Mr Piotrowski told Sky News Australia. “The core rate of inflation which is what we hear so much about in terms of the liberations of central bankers, that came in at 4.7 per cent.” Presented by CommSec.

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