U.S. Stocks Fall and Dollar Rallies as Inflation Tops Forecasts
U.S. consumer prices rose more than expected last month, pushing Wall Street stocks lower and the dollar higher as traders weighed the prospect of a Federal Reserve rate increase this month.
S. consumer prices increased more than expected last month. The figures strengthened expectations that the Federal Reserve may raise interest rates as soon as this month. S.
Labor Department data showed the core…