The Key Fed Inflation Rate Heats Up, Lifting Rate-Hike Odds; The S&P 500 Shakes It Off
Published
The Federal Reserve's primary inflation rate showed that core price pressures ran hotter than expected in April. Supercore inflation, or core services excluding housing, also increased. The S&P 500 initially lost traction, then regained its stride after the report, though the data bolsters the…
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