..and so US CPI did come in hotter than expected
March m-o-m at 0.4% vs 0.3% est
CPI yo-y at 3.5% vs 3.4% est
Core CPI m-o-m 0.4% vs 0.3% est
Core CPI y-o-y at 3.8% vs 3.7% est
And initial rection, market takes a small tumble,
Gold off -$22 to $2329 but because AUD fell to 65.62c, AUD Gold is actually up at $3550
Silver down a bit to $27.80
AUD Silver unchanged.
Higher for longer rates.
