Elevated inflation figures ‘puts pressure’ on European stocks

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

CommSec’s Tom Piotrowski says some elevated inflation figures in Europe have “put pressure” on European stocks.

“That translated to weakness where the US session was concerned as well,” he told Sky News Australia.

“In addition to comments made by the head of the Minneapolis Federal Reserve, Neel Kashkari, he is out and about talking about how core inflation, when you strip out food and energy, hasn’t been tamed yet.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elevated inflation figures ‘puts pressure’ on European stocksCommSec’s Tom Piotrowski says some elevated inflation figures in Europe have “put pressure” on European stocks. “That translated to weakness where the US session was concerned as well,” he told Sky News Australia. “In addition to comments made by the head of the Minneapolis Federal Reserve, Neel Kashkari, he is out and about talking about how core inflation, when you strip out food and energy, hasn’t been tamed yet.” Presented by CommSec.
Source: SkyNewsAust - 🏆 7. / 78 Read more »