Consumer price rise of 3.1% in January outpaces market expectations
US stocks dropped and Treasury yields jumped on data that showed US inflation easing less than expected, as investors scaled back bets that the Federal Reserve will begin cutting interest rates as soon as May. The S&P 500 index of blue-chip US stocks closed down 1.4 per cent on Tuesday. The tech-heavy Nasdaq Composite dropped by 1.8 per cent. The market moves came after new government figures showed US inflation cooled less than expected in January, to 3.1 per cent year on year.
The dramatic overall fall in inflation over the past year has prompted central bankers in the US, Europe and UK to rule out further rate increases and start discussing the possibility of cuts. Fed chair Jay Powell said last month the Federal Open Market Committee expected to cut interest rates three times this year, but he signalled it was unlikely to begin doing so until more progress had been made towards the central bank’s 2 per cent inflation target.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
MP calls on Treasury to reform rates after Oswestry business tourNorth Shropshire MP Helen Morgan has used her experience of talking to Oswestry businesses to ask the Chancellor and Financial Secretary to the Treasury to consider business rate reform.
続きを読む »
MP fears “bean counter in Treasury” will halt return of Cleethorpes to London trainsLincoln and Greater Lincolnshire news
続きを読む »
The monthly AI or real quiz: January 2024Do you think you have what it takes to spot the AI images from the real ones? See if you can spot what's artificial intelligence and what's real.
続きを読む »
"Peak UK nonsense": Disbelief from cyclists and walkers at "utterly bizarre" barriers and signage installed on popular route controversially closed by council; Pro cycling's next noughties-born superstar? + more on the live blogCycling live blog 17 January 2024
続きを読む »
Jack Grealish ‘signs seven-figure Pepsi deal’ to emulate Lionel Messi and David Beckham and stars in adv...ABIDJAN, IVORY COAST – JANUARY 22: Mohammed Salah of Egypt gestures as he follows the Africa Cup of Nations Group B match between Cape Verde and Egpyt from the bench at Felix Houphouet Boigny Stadium in Abidjan, Ivory Coast on January 22, 2024.
続きを読む »
Firm at centre of Post Office scandal has held more than £3.4billion in contracts linked to Treasury since...Fujitsu’s Europe Director apologises as Alan Bates tells MPs the Post Office cover up is far worse than the crime
続きを読む »