Hot US inflation data hits Wall Street stocks, lifts dollar
Wall Street stocks fell Wednesday after US inflation data dimmed the chances for imminent Federal Reserve interest rate cuts, while the yen hit a 33-year low against a strengthening dollar.
Stay updated with breaking news from Bart Hogan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Wall Street stocks fell Wednesday after US inflation data dimmed the chances for imminent Federal Reserve interest rate cuts, while the yen hit a 33-year low against a strengthening dollar.
Wall Street stocks fell Wednesday after US inflation data dimmed the chances for imminent Federal Reserve interest rate cuts, while the yen hit a 33-year low against a strengthening dollar.
Wall Street stocks fell Wednesday after US inflation data dimmed the chances for imminent Federal Reserve interest rate cuts, while the yen hit a 33-year low against a strengthening dollar.
Wall Street stocks fell Wednesday after US inflation data dimmed the chances for imminent Federal Reserve interest rate cuts, while the yen hit a 33-year low against a strengthening dollar.
Wall Street stocks fell Wednesday after US inflation data dimmed the chances for imminent Federal Reserve interest rate cuts, while the yen hit a 33-year low against a strengthening dollar.