inflation
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Stocks and bonds fell on Thursday following a 30-year Treasury auction that saw limited demand, resulting in a surge in yields. Moreover, the consumer price index (CPI) report for September exceeded analyst expectations, fueling bets that the Federal Reserve may be forced to deliver another rate hike in 2023 The tepid response to the 30-year bond auction added to existing downward pressure on both equities and Treasuries. The dollar strengthened, while precious metals, which lack interest-bearing qualities, fell on the back of the rising yields. Sticky Inflation is a Big Headache for the FedWh...
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Concerns surrounding inflation and its impact on the global economy have taken center stage. The threat of rising inflation has created a sense of uncertainty in the financial markets, leading to swift reactions from investors. One such example is the stocks impacted by the Federal Reserve’s statement on the genuine risk of inflation re-acceleration. In this in-depth article, we will explore the factors contributing to inflation and how the case of UPS drivers making $170,000 per year plays a pivotal role in understanding the core of this phenomenon. Find A Qualified Financial Advisor Each adv...
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