{"id":16017,"date":"2021-11-12T09:14:50","date_gmt":"2021-11-12T09:14:50","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/11\/12\/cac-40-edges-higher-as-inflation-worries-ebb\/"},"modified":"2021-11-12T09:14:50","modified_gmt":"2021-11-12T09:14:50","slug":"cac-40-edges-higher-as-inflation-worries-ebb","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/11\/12\/cac-40-edges-higher-as-inflation-worries-ebb\/","title":{"rendered":"CAC 40 Edges Higher As Inflation Worries Ebb"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks were modestly higher on Friday as shock from a surprisingly strong U.S. inflation reading ebbed. <\/p>\n<p>Analysts say that the current wave of price spikes due to chronic worldwide supply constraints would not last long and inflationary pressure will eventually ease, rather than strengthen.<\/p>\n<p>The dollar climbed for a third day and headed for its best week in almost five months against major peers amid bets for earlier Federal Reserve interest rate hikes.<\/p>\n<p>Short-dated U.S. Treasury yields edged higher as traders price in two rate hikes next year &#8211; a first rate increase by July and a high likelihood of another by November. <\/p>\n<p>Closer home, the European Central Bank appears unlikely to change its extremely dovish policy settings in the near term against a backdrop of a slowing <span class=\"landLinks\">economy<\/span>.<\/p>\n<p>The benchmark CAC 40 index was up 17 points, or 0.3 percent, at 7,077 after closing 0.2 percent higher on Thursday. <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>CAC 40 Edges Higher As Inflation Worries Ebb<\/a><br \/>\n<br \/>2021-11-12 09:14:50<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks were modestly higher on Friday as shock from a surprisingly strong U.S. inflation reading ebbed. Analysts say that the current wave of price spikes due to chronic worldwide&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-16017","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=16017"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/16017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/16018"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=16017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=16017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=16017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}