The Dow plunges 300 points as inflation runs hotter than expected

The Dow dropped sharply by 300 points Wednesday mid-morning as the latest inflation data was higher than expected. The report comes as the ongoing tariff war has already raised fears among investors about higher inflation, as this means there is a lesser chance that the Fed would slash the interest rate this year.Read more...

Feb 12, 2025 - 16:44
 0
The Dow plunges 300 points as inflation runs hotter than expected

The Dow dropped sharply by 300 points Wednesday mid-morning as the latest inflation data was higher than expected. The report comes as the ongoing tariff war has already raised fears among investors about higher inflation, as this means there is a lesser chance that the Fed would slash the interest rate this year.

Read more...