US stock market experiences significant sell-off amid slowing economic growth and stubborn inflation on Nostr: Mixed Financial Markets React to Recent Inflation Data and Fed Hawkishness ...

Mixed Financial Markets React to Recent Inflation Data and Fed Hawkishness
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#2a20916d ver:0.99

Mixed financial markets react to recent inflation data and Fed hawkishness. Asian stocks build on record highs after weaker-than-expected US CPI eases concerns about rate cuts. Fed's 'dot plot' shows only one rate cut this year, but markets price in two cuts in 2024. US dollar gains, euro weakens, and oil prices rise slightly. Tech sectors perform well, Nasdaq and S&P 500 reach record highs. German ZEW, UK CPI, and Bank of England meeting are key events to watch. #financialmarkets #inflationdata #Fed #ratecuts #USD #euro #Nasdaq #SP500 #GermanZEW #UKCPI #BankofEngland...

#newstr #Inflation #RateCuts #FinancialMarkets #EarningsReports #LaborMarket

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