Perception of Cooling Inflation Powered 2% Stock Rally
- Barry Adams
- U.S.A. New York City
-
Investors after weeks of rising inflation and bond yields hit the buy button after the latest measure of inflation showed signs of cooling. The personal consumption expenditure, controversial but Fed's preferred measure, showed a mild decline over a year in April.
If you want to see the full data, please log in to your account. Logging in gives you complete access to all available information, features, and detailed insights that are not visible to guest users.