Some numbers that measure how much things cost went down a little bit last month. This is good news because it means prices are not going up too fast anymore. When prices go up slowly, people can buy more things and businesses can make more money. Read from source...
- The title is misleading and clickbait, implying that the Fed is actively raising rate cut hopes based on cooling inflation, when in fact the Fed is more concerned about persistently high inflation and labor market tightness.
- The article contradicts itself by saying that "inflation is finally showing signs of easing" while also mentioning that core PCE prices increased 0.3% month over month in May, which is slightly higher than April's 0.2% increase and indicates ongoing inflationary pressure.
- The article selectively uses data to support its claim, ignoring the fact that other indicators such as producer price index (PPI), consumer price index (CPI), and wage growth all show that inflation remains well above the Fed's 2% target.
- The article makes unsupported assumptions about the impact of cooling inflation on rate cut expectations, without considering the possibility that the Fed might continue to tighten policy in response to elevated inflation and labor market conditions.
- The article recommends four stocks to buy based on their perceived sensitivity to interest rates, but does not provide any fundamental analysis or valuation criteria for each stock, nor any risk factors or potential downside scenarios.