Stock exchanges fell on US inflation data

The main U.S. stock indices mostly declined after the release of statistics on inflation for December, which turned out to be higher than expected. Investors' confidence in the Fed's imminent interest rate cuts has shaken, Prime reports with reference to Reuters.

At the close, the S&P 500 and Nasdaq fell 0.07% and 0.01% respectively, the Dow Jones rose 0.04%.

Inflation in annualized terms amounted to 3.4% - analysts expected it at 3.2%. On a monthly basis, the indicator rose 0.3% against the forecasted 0.2%. After these data, according to the FedWatch indicator from CME Group, the probability of the Fed reducing the key rate in March fell to 65%. On the eve of the release of statistics, on Wednesday, it was 67%, writes "Prime".

European indices showed a more active fall - German DAX lost 0.86%, British FTSE 100 - 0.98%, French CAC 40 - 0.52%. The dollar index reacted with growth - during the day it reached the maximum value this month (102.5 points), later retreating to 102.06 p.