Market Milestones: S&P 500® Index Hits Record High Amid Rate-Cut Expectations
Investor sentiment improves as inflation eases.
Cycle Watch | April 2024: Hot inflation should delay rate cuts
April 30, 2024
By Mark Hackett
By Ben Ayers
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The Federal Reserve’s inflation fight has been in a year-long stalemate and has faded hopes for impending rate cuts. After three months of hotter-than-expected inflation reports, all bets are now on the central bank to deliver its first interest rate cut this year in September.
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