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2024-06-15 09:03:01

US stock market experiences significant sell-off amid slowing economic growth and stubborn inflation on Nostr: Weekly wrap: Inflation brings rate cuts back on the table, US equities reach all-time ...

Weekly wrap: Inflation brings rate cuts back on the table, US equities reach all-time highs
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#2a20916d ver:0.98

US equities reach all-time highs as weaker-than-expected inflation data brings rate cuts back on the table. Asian stocks build on Wall Street's record highs, while the Fed's 'dot plot' outlook shows anticipation of only one rate cut this year. Optimism boosts investor confidence in monetary policy easing. Euro weakens, pound declines, and Canadian dollar weakens. Key economic events to watch include German ZEW figure, UK CPI inflation figures, and Bank of England meeting. US PPI print is the focus of the economic calendar. #equities #inflation #ratecuts #monetarypolicy #economicdata...

#newstr #Inflation #RateCuts #UsEconomy #FomcMeeting #Equities #ParliamentElection #BankOfJapan #EarningsReports #GermanZew #UkCpiInflation #BankOfEngland #PmiFigures

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