Global markets on mixed trend after US inflation rises Related news

Cristiana Gigina

ISTANBUL Global markets were mixed on Tuesday amid rising US inflation, led by tariffs, while the Fed’s future policy roadmap remains unclear as the bank remains cautious. The US’ Consumer Price Index (CPI) rose 0.3% on a monthly basis in June, within estimates, but it soared 2.7% on an annual basis, above expectations. The US’ monthly inflation saw its highest since January and its yearly inflation since February. The country’s core CPI — excluding energy and food — climbed 0.2% month-on-month

Tag-uri: Inflatie

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