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Reuters

Reuters

Business

Business & Economics

Morning Bid: Inflation relief and bumper bank earnings

Reuters
Summary
Nutrition label

81% Informative

Wall Street's best day of the year so far was rooted in inflation relief and a boom in bank stocks reporting bumper earnings.

The December consumer price index also surprised and the annual 'core' CPI inflation rate showed disinflation resuming.

That news sparked a significant rally in troubled U.S. Treasuries and global sovereign bonds.

The chance of a second Fed interest rate cut was back priced at 50% in futures markets.

VR Score

91

Informative language

97

Neutral language

69

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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