Inflation expected to slow in September but 'upside risks' loom amid start of Fed easing
Published On Oct 9, 2024, 3:13 PM
The article discusses the upcoming inflation data for September, which is expected to show a slowdown. However, analysts caution that there are potential 'upside risks' due to the Federal Reserve beginning to ease its monetary policy. This could lead to rebounds in prices, affecting overall inflation rates. Investors are advised to keep an eye on this dynamic, as it may influence market stability and investment strategies.
Stock Forecasts
XLP
Positive
As inflation data suggests a potential slowdown, but with risks of increases due to Fed easing, sectors sensitive to interest rates might benefit. Investments in defensive sectors such as Consumer Staples (XLP) may see positive momentum.
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