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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (149598)4/12/2023 9:57:13 AM
From: Goose94Read Replies (1) of 202035
 
HSU-T: Markets Rally As U.s. Inflation Cools

Equity market futures are pointing to a higher open when the bells ring at 09:30 a.m. EDT after price pressures south of the border came in slightly cooler than expected in March. Headline inflation slowed to 5.0 per cent year-over-year in March, a full percentage point lower than February's reading and slightly lower than average expectations. Investors are keeping a keen eye on those inflation prints for any signs the U.S. Federal Reserve is succeeding at bringing price pressures to heel with its rate-hiking cycle - while five per cent is an improvement, it's still a far cry from the Fed's two per cent target rate.

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