News Desk: Inflation figures have been released in America on Tuesday. After which there has been a big decline in the stock market there. It shook Wall Street. Jeff Bezos’s net worth declined by $9.8 billion (about Rs 80,000 crore) in a single day, the highest among those tracked by the Bloomberg Billionaires Index. After this, the wealth of Elon Musk has decreased by $ 8.4 billion (Rs 70 thousand crore).
According to data released by Bloomberg, the net worth of Mark Zuckerberg, Larry Page, Sergey Brin and Steve Ballmer declined by more than $4 billion, while Warren Buffett and Bill Gates lost $3.4 billion and $2.8 billion, respectively. damage has been done. After the fall in the US markets, the Dow Jones fell by about 1300 points and the S&P also saw a fall of 500 points. Let us tell you that the retail inflation rate in America has been 8.3 percent in the month of August.
The figures in the US have turned out to be worse than expected. This has led to a major fall in the market. The Federal Reserve may once again increase the interest rate by 0.75 percent in next week’s meeting.
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