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Dow Retraces on Inflation Report!

Name: Dow Retraces on Inflation Report!
Uploaded: 2022-12-14
Channel: David Kindley
Description: Stocks initially rallied after CPI data showed that inflation cooled even further.Investors are now anticipating the Fed’s next rate-hiking decision after its two-day policy meeting.Traders are largely pricing in a 50-basis point increase, a slight d

By David Kindley Last updated Dec 14, 2022 280 0

Market Insights

Stocks initially rallied after CPI data showed that inflation cooled even further.

Investors are now anticipating the Fed’s next rate-hiking decision after its two-day policy meeting.

Traders are largely pricing in a 50-basis point increase, a slight decline from the previous four hikes.

Timestamps
DOW 01:45
SPX500 03:05

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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