London, Feb 12, 2025 (AFP) - US stocks fall as inflation unexpectedly heats up

NAMPA / AFP

2025-02-12

US stock markets tumbled on Wednesday as an inflation reading came in hotter than expected, fanning fears that the Federal Reserve will keep interest rates higher for longer. Following days of attention on US President Donald Trump's tariff moves, traders were focusing on the January consumer inflation data, which is set to play a role in the Fed's next interest rate decision. "Investors were looking for reassurance in this morning's inflation r......

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