With a value that has not been observed since November 1981, the annual inflation rate in the United States reached 9.1% in June against 8.6% in May, which represents a rate higher than the 8.8% previously expected by the market.
At the start of the week, the prevailing mood remained unchanged. Market players are on their guard despite limited risk. In response to accelerating inflation, markets are expecting a big interest rate hike of 75 basis points at the US Federal Reserve meeting next week. However, investors believe that a rise of 75 points may not have a significant impact on the current level of inflation.