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InvestorPlace – Stock Market News, Stock Advice & Trading Tips
Inflation in the U.S. peaked at 9.1% in June 2022. Since then, it has backed off considerably and currently sits at 3.2%. While the inflation decline has been considerable, consumer price increases remain above the 2% annualized target set by the U.S. Federal Reserve. Fed Chair Jerome Powell made clear at the central bank’s recent summer meeting in Jackson Hole, Wyoming, that he is prepared to further raise interest rates, now sitting at a 22-year high, to push inflation back down to that 2% goal.
However, markets are increasingly looking to a future where inflation falls further and interest rates have peaked. Futures traders are now betting that interest rates will start getting cut by the Fed in spring of next year. The fall in inflation, and subsequent decline in interest rates, should benefit all stocks, though some are likely to benefit more than others for a variety of reasons. Here are three anti- …
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