US Stocks and Bonds Surge as Inflation Drops to 3.2%
TL;DR Summary
US stocks and bonds experienced a surge after the inflation rate fell to 3.2%, indicating a positive market response to the lower-than-expected inflation data.
- US stocks and bonds jump after inflation falls to 3.2% Financial Times
- Consumer prices were unchanged in October, core inflation rises at slowest pace since September 2021 Yahoo Finance
- Inflation Receding But Impact Remains FedSmith.com
- Stocks and bonds jump as US inflation slows to 3.2%; insolvencies up in England and Wales – business live The Guardian
- The Labor Department will release its report card on October inflation NPR
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