US Inflation Surprise Unsettles Markets
Snippet of Article: "...Consumer Price Index (CPI) climbed 3.1% in January, lower than in December, but above forecasts. Markets are now ruling out a March rate cut from the Federal Reserve ...Core CPI, which excludes volatile food and energy costs, rose 3.9% in January over the last 12 months after rising 3.9% in December. ..."
Source: www.morningstar.co.uk