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STOCK MARKETS TODAY: Stocks sink, yields jump as inflation data douse rate cut hopes
Stocks slumped and bond yields soared on Wednesday after higher-than-expected inflation data.
Tag: 通脹報告
March's inflation report will determine the success or failure of the market's rate cut forecasts.
"An unexpected sharp move higher or lower in the U.S. CPI seems most likely to further sway the market," JPMorgan said.
STOCK MARKET TODAY: U.S. Stocks Advance Ahead of Key Inflation Data That Will Help Confirm the Fed's Interest Rate Plans
"Tomorrow's March CPI report will be key in determining the Fed's next move on rates", said Thierry Wizman, a strategist at Macquarie.
Stock Market Today: Traders Stay Put Ahead of Key Inflation Data Release
Stock futures were flat on Tuesday as investors waited to see if inflation picked up in March, which could delay the Fed's first rate cut.
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