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In 60 Seconds Before CPI Hit, Heavy Trading Drove Mystery Rally

(Bloomberg) -- Karine Jean-Pierre, the press secretary for President Joe Biden, quickly brushed off the question when it came in toward the end of her daily press conference Tuesday. No, she said, there was no chance that anyone in the White House leaked the November inflation report before its 8:30 a.m. publication. Too much fuss was being made, as she saw it, over what were just “minor market movements.”Most Read from BloombergApple to Allow Outside App Stores in Overhaul Spurred by EU LawsMus
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