Stocks Heat Up While Inflation Cools

While still high, inflation has cooled somewhat, climbing 8.5% year-to-date as of July 31, down from 9.1% the previous month. This reduction, which comes after dropping gas prices, marks a bigger slowdown than market analysts had forecast. Economists surveyed by Dow Jones had expected an increase of 8.7%. The price index was flat in July [...] The post Stocks Heat Up While Inflation Cools appeared first on ETF Trends .