As FED worried, inflations are coming back to US.
Today, USA’s CPI reported and CPI numbers for March was 3.5% increase year on year base. Market estimate was 3.4% for March and Feb number was 3.2%. Those macro numbers recently reported were all indicate one thing, inflation is back.
Now, FED will consider whether US need to lower the rate in June or not. Due to strong inflation numbers, US stock market was collapsing, and dollar value surged big. USA wouldn’t allow anyone who try to increase the living cost from now on and Israelis included in this list as well.
Israelis killed three young sons of Hamas leader today.
US stock market was downed big today with strong signals of inflation.
DJ index was downed by 1.1%, S&P 500 index was downed by 0.9%, NASDAQ index was downed by 0.8%.
Markets are now seriously worrying about the possible inflations in US. FED wouldn’t lower the rate within this kind of environments.
Apple was downed by 1.1%, MS was downed by 0.7%, Tesla was downed by 2.9%, But Amazon was up 0.2%.
