Goldman Sachs Assest Management on the US CPI report:
One word: PivotalWith three inflation prints between this morning and September’s Fed meeting, today’s was crucial in helping the Federal Reserve gain confidence that inflation is still moving in the right direction
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The recap of a huge day in the US is here:
Forexlive Americas FX news wrap: CPI cools, Japan intervenes
This article was written by Eamonn Sheridan at www.forexlive.com.