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Markets cheer lower inflation, but volatility remains
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Consumer "revenge spending" remains strong despite inflationary pressures.
PHOTO: EPA
SINGAPORE - Are we seeing a bear rally, or are markets showing signs of bottoming out after three months of turmoil?
That is the question many investors are pondering as global risk assets bounced back last week in the wake of US numbers showing a moderation of core inflation and resilient consumer spending.
