5 Consumer Staples Stocks to Buy on Uncertainty Over Rate Cuts
Colgate-Palmolive(CL) Zacks Investment Research·2024-04-10 14:56
Inflation increased in the first two months of the year and investors are uncertain as to when the Federal Reserve will start its rate cuts. This has raised concerns among market participants and made markets volatile.The Federal Reserve said at the end of last year that it would soon end its rate hike regime and go for rate cuts in 2024. This came as inflation declined sharply in 2023 after the Federal Reserve’s aggressive monetary tightening policy to curb 40-year-high inflation saw it hiking interest rat ...