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News of the day on 18.06.2015

The main news today is the release of the data on the Consumer price index in the US. This is the main indicator of inflation, and measures retail prices change for the fixed basket of goods and services. The inflation figure, on the other hand, is the major factor behind interest rates change. At present, inflation is far from its target of 2% and by the end of the year, according to the Fed estimate, may only reach 1.3-1.4%.


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