Edgar Peters
Edgar Peters
benign concern consumer fears higher increase inflation interest investors major market numbers rates reacting relief sensitive showing stock stocks wonder
Fears of inflation and of higher rates were a major concern for investors, and with today's numbers showing a benign increase in consumer prices, it's no wonder the stock market is reacting this way. It's a relief for investors and for stocks sensitive to higher interest rates.
concerned neutral rate
They're still concerned about inflation. So I think we're in for at least one more rate hike, probably two. But things were put in a much more neutral tone.