The story of the market’s peak inflation upsets the Fed

The peak inflation story that spurred investors back into riskier assets this summer received a big boost from Wednesday’s figures. show reduced price slightly last month.

Unfortunately, there is no sign the Federal Reserve will change its mind and agree with investors that interest rates will fall again next year. Even if it has, mixed economic signals could also shift market focus away from inflation and interest rates and into volatile support for earnings.

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