Markets opened strong Tuesday morning on a less-threatening take on inflation, with some gains trimmed by news that Trump had sacked his secretary of state, Rex Tillerson, ahead of North Korea talks. At 8:30am EST Tuesday, the Consumer Price Index (CPI) was released, showing a 0.2-percent rise in inflation in February. Data showed that over the past 12 months, the CPI increased to 2.2 percent, from 2.1 percent. The overall interpretation of the data is that while inflation rose, there was not an overly threatening acceleration. Inflation-adjusted…
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