Investors are waking up to the reality that the US Federal Reserve hasn’t even started to bring down core inflation, and a new regime for markets has arrived.
The release on Tuesday night of the most important set of economic data in the world, US monthly inflation, was predicted to be a pretty benign affair.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
