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Shares drop, yields shoot up after US inflation data

Post author By mangakiko
Post date May 11, 2022
No Comments on Shares drop, yields shoot up after US inflation data

MILAN, May 11 (Reuters) – World shares turned lower on Wednesday and bond yields shot up after US data showed inflation there slowed down less than expected last month, cementing expectations of aggressive rate hikes by the Federal Reserve. US futures turned negative after data showed US annual consumer price growth slowed to 8.3% in […]

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Economy

Dollar choppy with inflation data on deck

Post author By mangakiko
Post date May 10, 2022
No Comments on Dollar choppy with inflation data on deck

NEW YORK, May 10 (Reuters) – The dollar was choppy on Tuesday, fluctuating between modest gains and declines as it held near a two-decade high ahead of a key reading on inflation that could provide insight on the path of Federal Reserve monetary policy . Investors were in a risk-on mood, as the yield on […]

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