Daily Wrap

There was a lackluster start to the session in the wake of the much-anticipated December Consumer Price Index (CPI) release. The main indices floated around their flat lines after the CPI report showed continued disinflation in total CPI (from 7.1% year/year to 6.5%) and core CPI (from 6.0% year/year to 5.7%). The headline numbers were pleasing for…