asset management

The fear of inflation is spooking the markets

According to data published yesterday by the US Bureau of Labor
Statistics, the annual core inflation in the US accelerated to 6.3% in
August, which is a 40-year record.

Stock markets did not like the inflationary news as it becomes more
likely that Federal Reserve will keep on increasing policy interest rates
aggressively. Tuesday’s reaction was a sell-off to lead the Nasdaq index

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