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5 Broker-Loved Stocks to Keep an Eye on as Inflation Woes Stay
AALAAG(AAL) ZACKS·2024-12-13 12:25

Inflation in November rose the most in seven months. However, investors believe that inflation is still not that high to prevent the Fed from cutting interest rates. The reason for this optimism is that despite the rise, the consumer price index or CPI and the core CPI, which excludes volatile food and energy prices, were in line with expectations. The in-line readings leave the door open for the Fed to cut rates further at its upcoming December meeting.Investors would like to take advantage of this encoura ...