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InvestorPlace – Stock Market News, Stock Advice & Trading Tips
The U.S. Federal Reserve started its interest rate hike campaign in March 2022 after inflation had risen to an unprecedented level. Though inflation hit at record annualized rate of 9.1% in June of last year, prices have started to come down since then. For those looking to see how far the Fed has come in its fight against inflation, look no further than the CPI reports in June, July, and August the Bureau of Labor Statistics reported pricing pressures had come down significantly. Moreover, the August inflation report, in particular, exhibited positive developments in the labor market where the Fed has been the most concerned. While job growth in the United States picked up in August, wage growth moderated and the unemployment spiked to 3.8%.
All of that to say, while inflation has indeed trended downward, there are still three ways in which inflation impacts the stock market that investors should be aware about.
Inflation has eased but pain-points still exist
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Stock investors have been enjoying a bull market since the beginning of 2023. Of course, this was not expected. Last year …
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