US CPI preview, inflation may fall to 1.0% by early new year – ING

Rob Carnell of ING, feels that it would be a big surprise today if CPI doesn’t fall, further anticipating today’s numbers to mark the beginning of an escalating decline of inflation down to 1.0% in early new year.
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US 10-yr Treasury yield recovers ahead of the Fed policy statement

The 10-yr treasury yield in the US is rising as markets brace up for a possible change in the language of the Federal Reserve (Fed) policy statement over interest rates as well as for the November month CPI data.
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