Economic dataCNBC-TV18
Hotter US inflation data weighs on Wall Street
Negative-15
GreyOak summary
US inflation data exceeded expectations, with the October CPI rising 0.4% month-on-month. This strengthened bets on a Federal Reserve rate hike in December, causing Wall Street to fall.
What it affects
US inflationNegative -15US CPI rose 0.4% MoM, beating expectations.Rolling sentiment Negative -44
