Stocks up, dollar down; US inflation data surges as forecast

World stocks rose on Wednesday while U.S. Treasury yields and the dollar fell, after the latest U.S. inflation data showed price pressures surging but within expectations, apparently suggesting the Federal Reserve will not have to hike interest rates too aggressively.

from Times of India https://ift.tt/3qmC11y
https://ift.tt/eA8V8J January 13, 2022 at 03:58AM

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