Stocks Rise on Bets the Fed Is Ready to Take a Break
June 14, 2023 at 08:00 AM EDT
Stocks Rise on Bets the Fed Is Ready to Take a Break The S&P 500 was up for a fourth consecutive day and is on pace for its longest winning streak since early April. This was on the back of encouraging consumer price index (CPI) data, which bolstered speculation the Federal Reserve will pause its tightening campaign this week. The CPI rose 4% in May from a […] Tags: Market Minute The post Stocks Rise on Bets the Fed Is Ready to Take a Break appeared first on Money Morning - We Make Investing Profitable .