US inflation beats at 3.7%, sparks global tech selloff, Fed hawkish bets
Published 2 d ago9 sourcesEvidence: Reported
US environmental inflation data released today has injected volatility into markets, pressuring the technology sector which has been a key driver of the recent bull run. The data suggests potential inflationary pressures that could alter monetary policy expectations, leading to a risk-off sentiment in tech equities. The exact magnitude of the impact remains uncertain as markets digest the implications.
Published 2 d ago9 sourcesEvidence: Reported
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