3 EV Stocks to Buy Now in Hopes of a September Rate Cut
LILI AUTO(LI) Investor Place·2024-07-17 18:40

Inflation unexpectedly eased in June, providing the Federal Reserve with positive data as it approaches interest rate cuts. The Bureau of Labor Statistics reported a 3% annual price increase, down from 3.3% in May, with a 0.1% monthly decline. Core inflation rose 3.3%, the lowest since April 2021. Many notable economists have noted these results are extremely positive for those in the rate cut camp.Now that the market expects rate cuts to happen on September, consumers are looking for more ways to invest in ...