Dusseldorf The German stock market is on the up again after the turbulent days. On Tuesday afternoon, the Dax was at 15,137 points, an increase of 1.2 percent or the equivalent of 180 points. The US consumer prices, which pushed the leading index further up, helped here.
Inflation in the US has fallen to its lowest level since October 2021. Year-on-year consumer prices fell to 6.0 percent in February after 6.4 percent in January. Analysts polled by the Reuters news agency had exactly expected this decline.
This significant fall in inflation gives the US Federal Reserve more leeway to slow interest rates or even end hikes quickly. “That would be a big step in the right direction,” said capital market expert Thomas Altmann before publication.
However, the crucial question for investors is: is the bankruptcy of the Silicon Valley Bank (SVB) just an incident limited to a few institutes or is it the beginning of a new major crisis?
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