Why Solar Energy Stocks Soared on Thursday
Sunnova(NOVA) The Motley Fool·2024-07-11 19:42
An inflation reading is boosting solar stocks today. Inflation is a key indicator investors watch to predict what the Federal Reserve is going to do with interest rates. High inflation is what led to higher interest rates over the last two years and now that inflation seems to be reversing. The Federal Reserve may reverse its interest rate policy to stimulate the economy as early as its September meeting. Solar energy, energy, and interest rates Higher interest rates over the past two years combined with po ...