Market wraps 12th April 2024
Weekly Wrap 12 April
Rate cuts are on hold as US inflation unexpectedly heats up. The latest data reveals a second consecutive month of rising inflation, dashing hopes for a cool down in June. We'll delve into the key drivers of this inflation surge and what it means for you.
In this week’s wrap, Grady covers:
- (0:10): the latest US inflation reading
- (0:43): the outlook on the Fed rate cut
- (0:54): key inflation drivers
- (4:20): what this means for investors
- (5:43): the most traded stocks & ETFs by Bell Direct clients
- (6:13): economic data to watch next week.
Read the transcript here