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Inflation Is Not Going Away. 2 Stocks That Will Thrive, 1 That Will Dive
GPCGenuine Parts pany(GPC) InvestorPlace·2024-04-25 17:11

​​​Inflation is here to stay. While down from the historically high levels hit over the past year or so, inflation rates remain elevated and are wearing on the economy. U.S. business activity slowed to a four-month low this month, which has worried the Federal Reserve.It was looking to cut interest rates at least three times this year, possibly as many as six times, but now it’s not sure it will even do it once. Fed Chairman Jay Powell recently said he had no “confidence” that inflation would head in the ri ...