Global Markets Embrace Higher Interest Rates Amid Economic Growth

As inflation data prompts a reevaluation of interest rate policies, global stock markets continue to perform strongly, reflecting optimism in economic resilience.

Inflation data in the US shows prices rising faster than expected, signaling a potential for higher interest rates to remain longer.
Despite fears of higher rates, global and US stocks have maintained stability near record highs, indicating a shift in market sentiment.
Analysts note a breakdown in the traditional correlation between interest rates and stock market performance, suggesting a new era of market dynamics.
Economic indicators from China show mixed results, with property investment declining but other sectors improving.
Economists anticipate the inflation rate in Canada to have risen above 3% last month due to higher gas prices, complicating the Bank of Canada's interest rate decisions.