Market Comment | Cautious mode in markets ahead of today’s FOMC meeting

US core CPI continues upward trend in February. US core CPI rose in February by 2.3% YoY, reaching the highest level since April 2012 and taking a big step towards the Fed’s inflation target (see). Meanwhile, total industrial production fell 0.5% MoM in February following a 0.9% gain in January, however manufacturing production up for […]

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