Weekly Recap Markets fell sharply last week, particularly after consumer price inflation (CPI) data came in above consensus across the board: Headline CPI was +1.0% sequentially in May (consensus was +0.6%) Headline CPI reached +8.6% y/y (consensus +8.3%) Core (ex food and energy) CPI was +0.6% sequentially in May (consensus +0.5%) Core (ex food and […]

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