For the month of May, US consumer prices spiked to 8.6%, making this the highest since 1981. The figures, which were revealed on June 10, heightened expectations that the Fed will prioritise fighting inflation with aggressive rate hikes than seeing that more easy money is available for market players to punt.
Are stocks worth their valuations in their current dip?
While the world is battling global inflation — with the US Federal Reserve (Fed) seeking to raise interest rates to combat the decades-high figures — investors are facing another set of issues with the markets.
