Market Mayhem: Inflation Strikes Again Stocks took a bit of a thrashing after an unexpectedly brisk inflation report. This spurred predictions that the Federal Reserve may tread cautiously with rate cuts. Consequently, the chances of a gentle economic landing seem to be diminishing. Impact Across Sectors Financial, Industrial, and Energy Companies Lead Decline The S&PMarkets Drop Amid CPI-Driven Economic Concerns: Weekly Update
By Stephen Culp Markets React to Mixed Inflation Data NEW YORK (Reuters) – In a surprising turn of events on Wednesday, Wall Street stocks plummeted sharply while U.S. benchmark Treasury yields touched their lowest in over a year. This development came as a key inflation report revealed a mixed path for price growth, all butU.S. Stock Markets Fall, Treasury Yields Decline Following CPI Report and Economic Debate
