“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.”
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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 »