Wall Street Today: Dow Jones drops 400 points as US Inflation rises 50 bps to 3% YoY, dimming hopes for Fed rate cuts

Wall Street Today: Stock market for the United States opened lower on Wednesday, February 12, after investors’ hope of a US Federal Reserve rate cut disappeared after the US Bureau of Labor Statistics posted a higher than expected inflation data for January 2025.  Also Read | PM Modi departs for US after wrapping up France…

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