The March inflation data lowered rate cut expectations. Here's why stocks could take that in stride

  • 📰 CNBC
  • ⏱ Reading Time:
  • 8 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Breaking News: Investing Berita

Wall Street,Business,Markets

Some investors say that markets will be able to cope so long as the Fed doesn't raise rates again.

The March inflation report came in hotter than expected, but some investors say stocks will be able to absorb the shock — so long as the Federal Reserve doesn't suddenly turn more hawkish. Stocks moved dramatically lower after the latest consumer price index reading showed a reacceleration compared to February, raising fears that the central bank will keep interest rates higher for longer. The Dow Jones Industrial Average at one point tumbled more than 500 points, or 1.4%.

Wells Fargo's Chris Harvey says 'I don't feel bullish' — a day after hiking S&P year-end target to highest on Street

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama