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Deutsche Bank announces launch of DB Core US CPI index
By Tali David
Minneapolis, Sept. 4 - Deutsche Bank AG announced the launch of the DB Core US CPI index, a tradable index that tracks core inflation, according to a press release.
The index, tradable on an over-the-counter basis, is designed to track the Core Consumer Price Index, the bank said.
"The DB Core US CPI index reflects Deutsche Bank's continued innovation and commitment to expand the tools available to our clients," head of index research for the Americas Aram Flores said in the release. "We expect this index to be a significant barometer for the industry and a more accurate measure than other tradable inflation strategies."
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