US CPI data triggers market gains

May 16, 2024 | Currency, Economy, Global Share Markets, Money Market

Global asset markets made strong gains following the widely anticipated US CPI data, notes BNZ Markets this morning. Along with softer than expected retail sales, the CPI data contributed to markets bringing forward expectations of when the Federal Reserve will begin its easing cycle. The S&P rallied close to 1% which took the index to […]

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US CPI data triggers market gains

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