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3 Inflation-Proof Stocks to Scoop Up After Scorching CPI Data
应用材料应用材料(US:AMAT) InvestorPlace·2024-04-15 19:00

The March CPI report left investors with a sour taste. The index soared for the third consecutive month, with a 3.50% year-over-year (YOY) increase that surpassed analyst expectations and represented a 30 basis point increase from last month. Hence, with the stickiness of inflation, the importance of inflation-proof stocks increases.Furthermore, with inflation persisting, investors are recalibrating their expectations for interest rate cuts starting in June. Hence, with the prospect of rate cuts pushed furt ...