Once again, inflation in the United States has been very high.
Inflation in the USA had continued to accelerate in recent months from a high level.
In January, the inflation rate was 7 percent.
That was the highest inflation rate since 1982. Compared to the previous month, consumer prices rose by 0.5 percent, where an increase of 0.4 percent had been forecast.
At the end of January, the US Federal Reserve had prepared the economy and financial markets for interest rate hikes in March and later for a downsizing of its bond portfolio, which currently has a volume of almost nine trillion dollars.
In addition, the Fed is ending its quantitative easing policy faster than previously announced.
According to the Fed's statement at the time, the central bankers expect that an increase in the key interest rate will be "appropriate soon".
Before the US inflation data on Thursday, despite everything, courageous investors dared to come out of the cover again and are counting on a "positive surprise", commented market analyst Konstantin Oldenburger on the gains on the stock exchanges.
"Right now, too fast a rate turnaround seems priced into stock prices," he wrote.
There is therefore a lot of potential for a continued stock market recovery.
More information coming soon on FAZ.NET.