Ron Insana: The 2024 inflation scare has arrived, but there are still signs of hope for investors
Publishing timestamp: 2024-04-30 13:35:07
Summary
Inflation rates have been rising unexpectedly in 2024, leading to speculation about the Federal Reserve needing to raise rates. However, some commodity prices are starting to reverse course, and other measures of inflation are showing signs of easing. The Fed's decision on rates will likely impact bond yields and stock market performance. The author is cautiously optimistic that inflation may not be as persistent as feared.
Sentiment: MIXED
Tickers: @KC.1, @NG.1, @HG.1, @RB.1, @CC.1,
Keywords: markets, business news, coffee (may'23), rbob gas (mar'23), cocoa (may'23), natural gas (mar'23), economy, copper (mar'23),