‘Ugly’ and ‘disconcerting’ inflation report upsets markets’ thinking on when Fed will cut rates

January’s hotter-than-expected inflation report threw financial markets into a tailspin on Tuesday and upended investors’ expectations about how soon and by how much the Federal Reserve might start cutting interest rates.

‘Ugly’ and ‘disconcerting’ inflation report upsets markets’ thinking on when Fed will cut rates
January’s hotter-than-expected inflation report threw financial markets into a tailspin on Tuesday and upended investors’ expectations about how soon and by how much the Federal Reserve might start cutting interest rates.