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Hot February inflation data sends stocks spiraling


Published on 2025-03-28 16:21:37 - Insider
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  • The data is stoking fresh fears of an inflation surge right as Trump's trade war is escalating, with the market approaching a key April 2 tariff date.

The article from MSN discusses the impact of the February inflation data on the U.S. stock market. Released on March 14, 2023, the data showed that inflation was higher than expected, with the Consumer Price Index (CPI) rising 0.4% for the month and 6% over the last year, surpassing economists' predictions. This unexpected surge in inflation has led to a significant sell-off in the stock market, as investors fear that the Federal Reserve might respond with more aggressive interest rate hikes to curb inflation. The S&P 500, Dow Jones Industrial Average, and Nasdaq all experienced declines, with investors particularly concerned about the potential for sustained high inflation and its effects on economic growth, corporate earnings, and consumer spending. The article also notes that this reaction reflects broader market anxieties about the Fed's ability to manage inflation without triggering a recession.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/money/markets/hot-february-inflation-data-is-hammering-the-stock-market/ar-AA1BQILa ]