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Dow Retraces on Inflation Report!

Dow Retraces on Inflation Report!
Stocks initially rallied after CPI data showed that inflation cooled even further. Investors are now anticipating the Fed’s next rate-hiking decision after its two-day policy meeting. Traders are largely pricing in a 50-basis point increase, a slight decline from the previous four hikes. Timestamps DOW 01:45 SPX500 03:05 The post Dow Retraces on Inflation Report! appeared first on Orbex Forex Trading Blog... Read More
Posted: Dec 14 2022, 10:11
Author Name: orbex
Views: 110247

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