Investor's Business Daily

Key Fed Inflation Rate Cools, Lifting Rate-Cut Hopes, But S&P 500 Reverses

Key Fed Inflation Rate Cools, Lifting Rate-Cut Hopes, But S&P 500 Reverses·Investor's Business Daily

JED GRAHAM

Fri, Jun 28, 2024, 2:30 PM4 min read

In this article:

The key Federal Reserve inflation rate rose at the slowest pace since late 2020. The S&P 500 rose as investors cheered rate-cut implications.

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