US inflation jolt for markets

Apr 11, 2024 | Currency, Economy, Global Share Markets, Money Market

11.4.24. Stronger than expected US CPI data, contributed to a reassessment about how soon the US Federal Reserve might cut rates, and prompted large moves across global asset markets, notes BNZ Markets this morning. US treasury yields surged higher contributing to broad based gains in the US dollar, says Stuart Ritson, senior fixed interest strategist. […]

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US inflation jolt for markets

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