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Wall Street Holds Flat Amid Uncertainty Over Fed Interest Rates | Daily Market Analysis
Key events: UK – CPI (YoY) (Mar) Eurozone – CPI (YoY) (Mar) USA – Crude Oil Inventories On Tuesday, Wall Street closed almost flat as investors evaluated statements from US Federal Reserve officials. While the CBOE Volatility Index (VIX) hit its lowest level since January 2022 at just under 17, stock prices failed to respond positively. This indicates that investors may be holding onto cash amid uncertainty surrounding the Federal Funds rate peak.