100. Yields lower. We will talk to anne walsh about the biggest missed price in the market right now. Can it compete with the european heavyweights . From new york, im alix steel with my cohost johnson. The Market Reaction and of itself is not a reaction, cpi data. The question is how that disinflation trajectory moves from here . Alix that is the key question guy that is the key question. Some believe it could stabilize from here. The market still has cuts priced in early on the exterior. May, the first price cut. Is that the reality of the situation or will the fed look at the risk of inflation reaccelerating and say we want to keep the policy of higher rates for longer . That is the question the market has to grapple with. The claims number is interesting as well. What is happening in the labor market is critical for all of this, but how much more news will begin on inflation, the core question that the market still doesnt have an answer to. Alix equities were telling the right stor
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The price of gold has rocketed to a record high due to a combination of global turmoil and interest rate cuts hopes. It surged to $2,111.39 (£1,677.63) before falling back.