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Latin Times
Latin Times
Business
Agence France-Presse (AFP)

THE TRUTH ABOUT: Markets struggle as traders digest fed s hawkish pivot | History Defined

Fed officials raised concerns about the "broad-based" nature of a recent uptick in inflation. (Credit: AFP)

Equities fell Friday while the dollar maintained gains against its peers as investors assessed the fallout from the Federal Reserve's revised outlook for interest rate cuts and prepared for a second Donald Trump presidency.

Data showing Japanese inflation rose more than expected last month did little to help the yen, which took a hefty hit from the US central bank's more hawkish tilt and the Bank of Japan's refusal to tighten monetary policy.

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