American stocks decreased after the high inflation rate

American stocks fell in the morning trading on the Wall Street Stock Exchange today, Wednesday, after the US Department of Labor announced an average increase during the past month.
The broader SD 500 index fell to American stocks by 0.9% in the morning trading, while the Dow Jones Industrial Index declined by 415 points, or 0.9% by ten, and a quarter of the East Coast time of the United States, and the Nasdaq collection index fell by 0.8%.
The decline in the three indicators in the beginning of trading was greater, with a percentage in the S & P500 to 1.1%.

Inflation in America

The US Treasury bonds also decreased to the return on them in today’s trading, which increases the pressure on the financial markets after the issuance of the Ministry of Labor’s report, which showed the high prices of food, fuel and other living expenses in the United States by 3% annually during January, compared to 2.9% during December, which is What came in agreement with analysts’ expectations.
The inflation report notes not only the increasing pressure on the budgets of American families, but also that the traders of Wall Street were right to predict that the Federal Reserve Council will slow down the pace of interest rates during the current year.

This comes while the head of the Federal Reserve Bank, Jerome Powell, is decided later in the day, with his testimony before the Financial Services Committee in the House of Representatives, where he is likely to ask about inflation and the council’s dealings with him.
The council raised the record interest rate in 2022 and 2023 to its highest level in two decades to 5.3% to combat inflation.
With inflation dramatically from its peak of 9.1% in June 2022, the interest rate was reduced to about 4.3% in its last three meetings last year.