Cooling U.S. Inflation Sparks Global Market Rally
Cooling U.S. Inflation Sparks Global Market Rally
The most recent U.S. inflation report offered markets and policymakers throughout the world a much-needed jolt of hope. The numbers revealed that prices for goods and services kept going down in September. The study was made public by the U.S. The Department of Labour is more hopeful that the Federal Reserve's year-long cycle of tightening will soon come to an end. This would be excellent news for both consumers and the markets. The Consumer Price Index (CPI) only went up by 0.3% in September, which was a little less than what the market thought it would. Inflation went down from 3.4% in August to 3.2% in September. Core inflation, which doesn't include f...









