🌐 CPI & PPI Exceed Forecasts, Highlighting Persistent US Inflation
On Tuesday of this week, the U.S. released its February CPI data. After the unexpected rise in January's CPI caused a sharp drop in the US stock market that day, the February CPI data caught the market's attention.
According to the data, the core CPI has reached the highest growth rate in eight months, once again exceeding market expectations. On the se...

The upcoming US CPI report (for month of February), set for release on March 12, is stirring up concerns among economists and investors alike. With expectations of another increase in inflation, potentially hotter than January's figures, the financial community is on edge. This would mark two consecutive months of rising inflation rates, challenging the cooling trend observed at the end of 2023.
Here’s a quick recap on the CPI report (for January):
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Good morning mooers! Here are things you need to know about today's market:
●Investors cautious but optimistic following Powell's comments on rate cuts and inflation
●Malaysia's economy set to grow 4-5% in 2024, says central bank governor
●Stocks to watch: LSH Capital, Ekovest
-moomoo News MY
Wall Street Summary
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OpenAI has responded to Elon Musk's lawsuit by sharing emails from Musk himself, where he supported OpenAI becoming a business that aims to make money. He even encouraged them to raise "billions" to compete with giants like Google.
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OpenAI said Elon wanted...