5 Stocks Favored by Brokers Amid the Current Uncertainty

The hotter-than-expected inflation reading in January clearly shows that we are not out of the woods as far as inflation in the United States is concerned. The unfavorable inflation report casts doubt on the possibility of the Federal Reserve cutting interest rates even in May, let alone in March.By maintaining high interest rates, the Fed aims to slow down demand by making borrowing money more expensive. The hotter-than-expected inflation reading dented consumers’ confidence, leading to a widespread sellof ...