Inflation data sinks stocks on doubts Fed will deliver 3 rate cuts

Traders are growing increasingly anxious about the possibility that they, along with Federal Reserve policy makers, have underestimated the longevity of U.S. inflation — potentially putting calls for three quarter-point interest-rate cuts this year in jeopardy.
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[mwai_chat context=”Let’s have a discussion about this article:nnTraders are growing increasingly anxious about the possibility that they, along with Federal Reserve poli