Hot US inflation report stops Wall Street stocks rebound
Friday, 16 February 2024
US wholesale prices saw a larger-than-expected increase on Friday, causing concerns about the timing of interest rate cuts and halting Wall Street's recent rebound. This comes after data released earlier in the week showed that US consumer price inflation slowed less than anticipated in January, dealing a blow to hopes of an early rate cut by the US Federal Reserve.
|
||||
|
|
||||
You Might Like |
||||
