Markets Explode After US Inflation Figures By

© Reuters – US inflation figures have been released and are a positive surprise for the markets. Inflation thus fell more than expected with a value of 7.7% for the index on an annual basis against 8% for the estimates and 8.25 over the previous period.

This figure was also accompanied by the publication of weekly jobless claims. On the other hand, these rose more than expected, announcing a possible deterioration in the job market.

These are two statistics that give hope for a turnaround in US monetary policy and a slowdown or a pause in rate hikes sooner. This hypothesis had moreover been discussed during the last press conference of the Federal Reserve.

The markets therefore reacted immediately with the which gained more than 1% in the space of a few minutes. The also took off over 4% on the news as it suffered fears over the FTX debacle in recent days.

The stock markets also followed the same trend with increases observed in the markets and in the pre-opening.

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