Dow Jones sheds 0.2% on Monday after NY Fed inflation survey accelerated. Markets continue to pin hopes on Fed rate cuts in 2024. US PPI, CPI inflation figures loom in the week ahead. The Dow Jones Industrial Average kicked off the new trading week softly higher before getting knocked back after the Federal Reserve Bank of New York revealed that consumer inflation expectations for the coming year accelerated to 3.3%. NY Fed consumer one-year inflation expectations from the previous 3.
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