Stocks Sink as Lingering Inflation Resets Fed Rate Forecasts

[ad_1] Stock markets plunged on Tuesday as investors reduced their bets that the Federal Reserve would rein in the economy in the coming months, after better-than-expected inflation data led traders to expect interest rates to remain high. for longer. The benchmark S&P 500 stock index fell more than 1 percent in morning trading. The index … Read more