Marketmind: Inflation fears but Turkey likely still in rate-cut mode By Reuters – Investing.com

Marketmind: Inflation fears but Turkey likely still in rate-cut mode By Reuters – Investing.com

(Reuters) - A look at the day ahead from Sujata Rao.

Those inflation fears just won't go away.

European gas prices have resumed their climb and are up 60% so far in November, while Wednesday's data showed a U.S. homebuilding sector beset with shortages of labour and material. And companies continue warning of higher costs that could hit margins.