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Dow Falls 400 Points After Fed Official Warns Hot Inflation Data Serves As ‘Cautionary Tale’

Por: Forbes Business February 17, 2023

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Topline Stocks fell into negative territory for the month on Thursday after data showing prices paid among producers surged more than expected in January—raising the risk that inflation may stop slowing down despite remaining well above historically acceptable levels. After two bouts of worse-than-expected inflation data this week, investors are fearing the Fed could ... [+] be forced to raise rates several more times this year. © 2022... + full article



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