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Happy Wednesday. With yesterday’s inflation data, I am once again reminded that my preference for beef over poultry is hurting my grocery bill.
Stock futures are down this morning. The three major indexes are coming off a losing day.
Here are five key things investors need to know to start the trading day:
The so-called “core” reading of December’s consumer price index came in lower than economists expected yesterday, both on a monthly and yearly basis. The data is a double-edged sword: While it’s a positive sign for shoppers hoping for price relief, the report might also give the Federal Reserve justification for not lowering interest rates again.
