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As the U.S. economy struggles under the burden of rising interest rates, many top investors are questioning the wisdom of buying U.S. Treasurys.
With the U.S. central bank preparing to release updated inflation and rate forecasts on Wednesday, the impact of rising oil prices will probably be missing.
Operator: Good morning and welcome to the Chart Industries, Inc. 2023 Second Quarter Results Conference Call.
U.S. stocks trimmed some gains on Wednesday afternoon after holding near 14-month highs in the morning session when data showed U.S. wholesale inflation eased again in May, while traders awaited confirmation that the Federal Reserve's interest rate-hiking campaign is on hold.