NEW YORK, Jan 12 — Wall Street stocks declined early today as markets weighed how the latest signs of moderating inflation will affect upcoming Federal Reserve interest rate decisions.
Although generally positive, the report showed services inflation remained above the Fed’s target rate. Some analysts said anticipation of the better inflation data had lifted US equities the last two days.
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.
Source: malaymail - 🏆 1. / 86 Read more »