Stocks dropped on Friday after failed peace talks between Russia and Ukraine and as US inflation hit a 40-year high.
“Fears over an aggressive monetary tightening by the Federal Reserve have also resurfaced as the US’ inflation hit a 40-year high of 7.9% last February,” Mr. Tantiangco added. The consumer price index increased 0.8% last month after gaining 0.6% in January. A 6.6% rebound in gasoline prices accounted for almost a third of the increase in the CPI.
With inflation nearly four times the US central bank’s 2% target, economists are expecting as many as seven rate hikes this year, Reuters reported.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Jobs open up for homeless people in UK labor market squeeze - BusinessWorld OnlineWATFORD, England — When Zara Asamoah graduated early in the coronavirus pandemic, she had no fixed abode and her chances of finding work looked remote. Now, thanks to an acute lack of job candidates as Britain’s economy reopens and to support from Beam, a crowd-funding social enterprise that helps homeless people into work, Ms. Asamoah […]
더 많은 것을 읽으십시오 »