European stocks set to slide after red hot U.S. inflation print, hawkish Fed comments

, fresh data revealed on Thursday, far ahead of expectations and marking the highest year-on-year rise in consumer prices since 1982.

Risk sentiment was then further dampened when St. Louis Fed President James Bullard, a member of the Fed's rate-setting committee, acknowledged that the reading had rendered him "dramatically" more hawkish. Bullard said he's now hoping for a full percentage point of interest rate rises in the first half of the year.

Thanks to all the rightwing politicians who tried to pretend Covid was no big deal. Supply chains broken, idiot truckers blocking them even more. 😡 And of course they will blame Biden, not the 🍊 🤡. 🤯

Please keep up the good work, it was mind blowing when I opened my wallet and saw profit of R70k from the investment of R7600 MichaelWeldon_

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