GLOBAL MARKETS-Global markets fall after data shows U.S. inflation cooling

global markets global markets fall after data shows u s inflation cooling

Sumary of GLOBAL MARKETS-Global markets fall after data shows U.S. inflation cooling:

  • By Elizabeth Dilts Marshall4 Min ReadNEW YORK (Reuters) – Global equity markets and U.S. bond yields fell on Tuesday after data showed inflation cooling in the Unites States, raising fresh questions on when the U.S. central bank will begin tapering its asset purchases.
  • While that aligns with Federal Reserve Chair Jerome Powell’s long-held belief that high inflation is transitory, economists and market watchers remain concerned by ongoing supply constraints and labor costs that could continue for months.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close