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Markets Pause as Inflation Signals Rate Hike Ahead

11/29/2025

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Story summary
  • The Nasdaq Composite is set to end its seven-month winning streak as U.S. stock futures remain flat after Thanksgiving Day.
  • Tokyo's October inflation shows headline at 2.7% and core at 2.8%, with core inflation above the 2.7% forecast and the Bank of Japan's 2% target, signaling a potential rate hike.
  • Investors await India's GDP data for the fiscal second quarter ending in September.