Reported 1 day ago
Investors remain focused on inflation as upcoming Consumer Price Index (CPI) and Producer Price Index (PPI) data may indicate whether price pressures continue. Experts suggest that rising egg prices, influenced by avian flu, could contribute to a 'sticky' inflation scenario, while predictions indicate the Federal Reserve may delay interest rate cuts until mid-2025. Analysts emphasize the importance of monitoring yields and earnings for investment decisions.
Source: YAHOO