Business

Investors are betting again that inflation will cool


Some investors who were comfortable with last week’s moderate inflation figures are continuing to bet that prices are on the rise, a trade that has been painful for the past year.

July Consumer price index prompting new bets that inflation is more circumstantial than structural and that the Federal Reserve will respond to its rapid rate hikes. Investors are now anticipating a smaller rate hike by the Fed in September, continued to discount in interest rates in the first half of next year and bought all the shares of technology companies, which are supposed to do well if rates fall.



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