3 Stocks Set to Surge as Thrifty Consumers Take Advantage of Cooling Prices
There has been cooling inflation in recent months. However, the United States has still been fighting to control inflation rates. The Federal Reserve’s switch to a more hawkish monetary policy has pushed consumers’ costs of living higher.The U.S. Consumer Price Index (core CPI) sent shockwaves through Wall Street in April after coming in at a hotter-than-expected 3.6%, putting earlier hopes of Q1 2024 interest rate cuts on ice.Despite CPI hitting expectations in June 2024, the Fed held interest rates at 5.2 ...