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Trumpflation Broadens: Fed Rate Hike Risk Threatens Stock Rally & AI Boom

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Trumpflation is broadening beyond energy, with Core PCE stuck near 3.3-3.4% and Fed dissenters favoring rate hikes.
  • This threatens debt-financed AI infrastructure spending and could end the stock market's rally, pressuring major indices and growth stocks.
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US30 price history

52573.29 +13.19% over the displayed period

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