4 Low-Beta Utility Stocks to Bet on Amid Rising Inflation

Inflation is on the rise again this year, with concerns growing over the Federal Reserve’s timing of its first rate cut. Investors who were hopeful about the Federal Reserve starting its rate cuts as early as March, now believe it could be delayed for a longer period.The Bureau of Labor Statistics reported last week that the consumer price index (CPI) increased 0.4% month over month, more than January’s rise of 0.3% and the highest since September 2023.On a year-over-year basis, CPI rose 3.2% in February hi ...