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Stockchase News
U.S. inflation in-line, stocks rally
Consumer inflation clocked in the U.S. at 2.9% in December year-over-year, while core inflation was 3.2%, both meeting the street's expectations. However, December's figure was higher than November's 2.7% though core inflation was 3.3% in previous months. Despite the mixed result, markets rallied in New York and Toronto. The S&P
