4 Stocks to Buy as Cooling Inflation Bolsters Rut Cut Hopes

Wall Street has resumed its rally and recovered all the losses suffered earlier last week on fears that the economy was slipping into a recession. The rally gathered further pace this week after fresh data showed that inflation continued to decline, reinforcing bets that the Federal Reserve would start its rate cuts in September.Inflation Continues to DeclineThe Bureau of Labor Statistics reported on Aug 14 that the consumer price index (CPI) increased a marginal 0.2% month over month in July, which came in ...