North American stock markets fall ahead of U.S. inflation numbers that could spur Fed
An improving global economic recovery is boosting confidence and support for equity markets. Yet inflationary pressures are starting to emerge that are stoking investor fears of an earlier-than-expected withdrawal of monetary policy support. "So those two forces are offsetting each other and creating more tight trading conditions within the equity space," she said in an interview. A sharp acceleration of inflation in May could fuel elevated uncertainty and volatility as investors would interpret that as potentially prompting the central bank to step in and rein in its accommodative policies....
Source: timescolonist.com
