inflation Tag

Higher for Longer Interest Rates Hurting Stock Prices

Fed chairman Powell suggests interest rates could stay high for a longer period. The stock market, which was expecting numerous cuts this year, has not responded favorably. Up until very recently, the expectation for 2024 has been for moderating inflation and several Fed rate cuts. In...

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Inflation continues to cool

Inflation Continues to Cool June CPI registered a 3% increase, which was the smallest 12-month increase since the period ending March 2021. While a downward trend in inflation can always reverse, it is also possible that the easing inflation and a somewhat slower economy may result...

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