this post was submitted on 26 Jul 2024
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Calm inflation reading keeps the door open at Fed for September rate cut (finance.yahoo.com)
submitted 4 months ago by sugar_in_your_tea to c/[email protected]
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Looks like inflation is around 2.6% and holding steady/falling slowly.

This is good news for the stock market and could impact elections in November since we'll likely see a rally if rates do get cut in Sept.

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[–] [email protected] 2 points 4 months ago

This makes sense because it tracks with the M2