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2024-06-17 14:58:56

US stock market experiences significant sell-off amid slowing economic growth and stubborn inflation on Nostr: US Inflation Cools as PPI Falls, Consumer Sentiment Declines =============== ...

US Inflation Cools as PPI Falls, Consumer Sentiment Declines
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#2a20916d ver:1.03

US inflation cools as PPI falls, consumer sentiment declines, boosting investor confidence in monetary policy easing. Asian stocks rise, dollar struggles, and euro is supported. US dollar gains despite cooling inflation, Wall Street mixed. Good economic news suggests conditions for Fed to relax policy rate. Soft CPI bolsters expectations of rate cuts. PPI and import/export price index show falling prices. More good news expected with slower inflation growth. Nonfarm payroll report initially quashes rate cut hopes, but CPI reignites them. FOMC meeting echoes sentiment. Rate cuts boost business environment, propelling US equities to all-time highs. PPI inflation falls in US, consumer sentiment declines. UK unemployment rate rises, average weekly earnings slow. US inflation data cools but remains above target. Bank of Japan announces quantitative tightening plan. RBA, SNB, and BOE to announce rate decisions. Retail sales figures to be released. #inflation #monetarypolicy #economy #stocks #ratecuts...

#newstr #PpiInflation #UsConsumerSentiment #Unemployment #Inflation #InterestRates

https://here.news/story/2a20916d?ver=1.03
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