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Monday, September 13, 2021

Wall Street Braced for 'Far Stickier' Inflation to Test Markets - Bloomberg

Markets are on tenterhooks for critical U.S. inflation data that could buffet stocks and bonds if they shift expectations about Federal Reserve stimulus withdrawal and the timing of interest-rate hikes.

A backdrop of slower reopening in pandemic-stricken economies due to the delta strain, and price pressures stoked by supply snarls led to declines in both global stocks and Treasuries last week.

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"street" - Google News
September 13, 2021 at 01:20PM
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Wall Street Braced for 'Far Stickier' Inflation to Test Markets - Bloomberg
"street" - Google News
https://ift.tt/2Ql4mmJ
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