Market gyrates between hopes of falling inflation, fear of steepening yield curve

📆 8/13/2023 9:33 PM
📰 straits_times

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 69%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

US inflation data for July released last week showed core inflation coming in at 4.7 per cent. Read more at straitstimes.com.

Despite the latest data showing general economic resilience and disinflation, investors remained wary amid a steepening of the yield curve.

United States inflation data for July released last week showed core inflation coming in at 4.7 per cent, giving rise to some hope that the Fed’s rate hike cycle could be peaking soon. This is still well above the Federal Reserve’s 2 per cent target.Get exclusive reports and insights with more than 500 subscriber-only articles every month

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:

Write Comment

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Walmart leads retailers shining spotlight on key market signalLast quarter, a bevy of retailers like Target and Macy’s held a cautious view. But this is changing Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »