Slight Losses on Wall Street - US Inflation Data Does not Spark new Hopes for Rate Cuts - DAX Temporarily Above the 25,500 Point Mark - US Banks Report Mixed Results - Crude oil Rises due to the Escalating Conflict Between Iran and the US - US Department of Defense Invests $1 Billion in L3Harris Technologies' Rocket Division - RedCat Holdings Reports Exceptionally High Growth
Reading Time: 8 minutes
Inflation data causes caution in the markets On Wall Street , stocks, bonds, and the US dollar are showing slight declines after the latest US inflation data hardly changes expectations for the US Federal Reserve's monetary policy. Although the figures suggest a gradual easing of price pressure, this is not enough to spark new hopes for interest rate cuts. The S&P 500 hovers near its record level, while US Treasury bonds remain largely unchanged. Core inflation cools down – Fed remains relaxed Core inflation increased by 0.2% in...
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