Inflation Data Mixed as Markets Await Fed Decision on Rates

Inflation data across G7 countries sending mixed signals ahead of Fed meeting, with Canada high but UK surprising lower.
Oil prices have recoiled sharply from 2023 highs, calming bond markets before Fed decision.
Fed expected to pause rate hikes at this meeting; focus will be on updated projections.
UK inflation drop boosted stocks and bonds, lowering expectations for BOE rate hike.
Corporate news IPO buzz fading as Instacart and Arm shares fall from initial pops.

reuters.com

Relevant topic timeline:

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