SPX 500: Fed dovish pivot narrative is at risk
Higher oil prices have led to higher inflationary expectations in the US via the breakeven rates. Recent rise in inflationary expectations coupled with recen
Source: marketpulse.com
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Nasdaq leads Wall St higher as rate-sensitive growth stocks rally post US CPI data
Traders held on to bets that the Federal Reserve will cut rates in the coming months following inflation data
Source: moneycontrol.com
Canadian Market Down Sharply As Hotter-than-expected U.S. Inflation Data Weighs
The Canadian market is down sharply on Tuesday with the mood turning extremely bearish after data showing a bigger than expected increase in U.S. consumer price inflation dashed hopes of an interest rate cut by the Federal Reserve in March.
Source: rttnews.com
US Consumer Price Index Revision Rattles Wall Street and Washington Amid Rising Debt
Federal Reserve officials are eager to prove they have brought inflation under control before they lower interest rates. The possibility of a revision this week has made policymakers and investors nervous.
Source: sputnikglobe.com
US inflation accelerates in Dec, tempering case for fed to cut rates
The consumer price index increased 3.4% in the year through December, the most in three months according to government figures.
Source: moneycontrol.com