U.S. inflation hit a three-year high in May, with the article attributing the move to the Trump-led Iran war. The hotter inflation reading raises pressure on the Federal Open Market Committee to act, increasing the odds of a more hawkish policy response. The news is market-wide in scope because it could affect rates, equities, and risk sentiment.
U.S. inflation hit a three-year high in May, with the article attributing the move to the Trump-led Iran war. The hotter inflation reading raises pressure on the Federal Open Market Committee to act, increasing the odds of a more hawkish policy response. The news is market-wide in scope because it could affect rates, equities, and risk sentiment.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20