From Gvwire · · 30s
Wall Street Tumbles as Hot Inflation Data Feeds Worries About Fed Rate Hikes
Hot inflation data pushes Wall Street lower as Fed rate hike concerns return.
In brief
Hot inflation data pushes Wall Street lower as Fed rate hike concerns return. Wall Street dropped as September inflation data shows rising prices, increasing fears about upcoming Federal Reserve rate hikes. Originally reported by Gvwire.
Wall Street Tumbles
Wall Street dropped as September inflation data shows rising prices.
Hot Inflation Data
September inflation data shows prices rising faster than expected.
Fed Rate Hike Worries
Investors fear Federal Reserve rate hikes this month due to hot inflation.
The essence
Wall Street dropped as September inflation data shows rising prices, increasing fears about upcoming Federal Reserve rate hikes.
