Inflation Keeps on Trucking, Thanks to High Gas Prices
Despite the high cost of consumer goods, experts say the Fed will likely skip another interest rate hike at next week's meeting.
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Despite the high cost of consumer goods, experts say the Fed will likely skip another interest rate hike at next week's meeting.
The first week of what has traditionally been the worst month of the year for U.S. stocks got underway on Tuesday.
Exchange-traded funds tied to the AI boom might be outperforming this year, but momentum is shifting as investors weigh the tech-fueled hype and higher rates.
Developed market economies are split across a variety of macroeconomic paths as the apparent certainties facing them have shifted.
A stronger-than-expected U.S. GDP report and robust durable goods sales shook off fears of an impending recession, aiding the positive sentiment about corporate earnings.