Reported 16 days ago
Investors are closely watching inflation trends as they evaluate the sustainability of the recent stock market rally following Donald Trump's presidential win. The S&P 500 reached an all-time high, buoyed by expectations of tax cuts and regulatory changes, alongside a recent Federal Reserve interest rate cut. Upcoming consumer price index data will be crucial in confirming the direction of inflation, which could influence future Fed policy and market sentiment, particularly as turbulence in the political landscape unfolds.
Source: YAHOO