Daily Market Review: Soaring Inflation Boosts Bets over Aggressive Fed Hikes

2 years ago
22

Daily Market Review: Soaring Inflation Boosts Bets over Aggressive Fed Hikes

February 11th 2022
The US #dollar rebounded strongly against most of the other major currencies yesterday and today in Asia, with equities retreating sharply after the US #CPIs accelerated by more than expected, increasing bets over a double hike at the March #Fed meeting, and many more by the end of the year.

#inflation #market #fed #cpi

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