Global markets soar on declining US inflation (November 11, 2022)

Yesterday’s data on October inflation in the US was awaited in the markets with impatience and bad forebodings. On average, analysts assumed that its level on an annualized basis will decrease from 8.2% to 8%, and over the month it will grow from 0.4% to 0.6%. But for some reason, they regularly make mistakes with the growth rates of consumer prices (this year they guessed only once).

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