Stubborn Inflation Offers Headaches for President Biden theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
The US Dollar (USD) is having a knee jerk moment with traders winding back a touch their positions in the Greenback after the hot Consumer Price Index (CPI) release from Wednesday. Reason is the Producer Price Index final reading for March
Stocks in Asia mostly pointed higher after US equities recovered and bonds climbed ahead of key inflation data that will help shape the outlook for the Federal Reserve’s next steps.