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Stocks Sink as Stubborn Inflation Resets Fed Rate Forecasts

A hotter-than-expected inflation report led investors to push out their expectations for Federal Reserve rate cuts until later in the year.

Joe Rennison
Author: Joe Rennison

Written by

Joe Rennison

in

Inflation (Economics), Interest Rates, Russell 2,000 Stock Index, Standard & Poor’s 500-Stock Index, Stocks and Bonds, United States Economy
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