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The US inflation has unexpectedly increased to 3 percent in January, enhancing the case that the federal reserves are slowly taking place with decrease in interest rates and strokes and state bonds.
On Wednesday, the number of work statistics for the statistics of work was exceeded by the expectations of economists surveyed by Reuters, who predicted that inflation would be stable to 2.9 percent in December.
The increase in the month of the month for January was also ahead of expectations, 0.5 percent compared to 0.3 percent provided.
Government bonds and future shares have sold out abruptly after the figures have been published.
The two -year -old treasurer’s yield, which closely monitors interest rates, jumped 0.09 percentage points to 4.37 percent. Yields grow as prices fall.
Futures contracts of S&P 500 stake meters reduced by 1 percent, while those who accompany technologically difficult to go 100 fell 1.1 percent.
The data came a week after the US Central Bank defied President Donald Trump’s calls to achieve a steep reduction in loan costs and instead retained its main rate at 4.25 percent, at 4.5 percent.
On Tuesday, Feda Jay Powell’s President Jay Powell vowed to continue “doing his job and staying out of politics.”
This is a development story
