Weak Wall Street. Inflation falls more than expected

Weak Wall Street Inflation falls more than

(Finance) – Wall Street is substantially stable, continuing the session at the levels of the day before, with the Dow Jones which stops at 38,115 points; on the same line, colorless theS&P-500, which continues the session at 4,896 points, on the previous day’s levels. Under parity the Nasdaq 100, which shows a decline of 0.45%; on the levels of the day beforeS&P 100 (+0.02%).

On the macroeconomic front, American inflation fell more than forecast (core inflation to 2.9%, against estimates of 3%). This is the last relevant data, before the Federal Reserve meeting, scheduled for next week and, afterwards, the one on the fourth quarter GDP which showed solid economic growth.

Faced with this, insiders are no longer so convinced that the American central bank will decide to cut interest rates as early as March.

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