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$BANANA

Equity indices are soaring on the back of softer-than-expected CPI data, with both the SPY and QQQ up over 2%. YoY CPI was 3.2% vs. 3.3% expected, while MoM CPI was 0.0% vs. 0.1% expected. Additionally, YoY and MoM Core CPI came in below expectations, giving investors confidence that the Fed is likely finished with rate hikes. Crypto markets are not responding as positively to the data, with $BTC (-1.33%)...