The release of CPI Data by the US Labor Statistics Agency made traders shorts experience a large liquidation.
According to the US Bureau of Labor Statistics (BLS), the latest CPI data released today shows signs of slowing inflation.
U.S. Bureau of Labor Statistics sources
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in November. This was adjusted, after an increase of 0.4 percent in October. The U.S. Bureau of Labor Statistics reported today. Over the past 12 months, the all-item index increased 7.1 percent before adjustment
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