US Inflation data: The US stock market has seen a jump of about 5% in the last 5 days.
As soon as the news related to US inflation came, the US stock market has seen a jump of about 5% in the last 5 days and it will remain a topic of discussion for the stock market for several months now. The debate is whether inflation has reached its high. Or can it go even higher? However, there is also speculation that the way the stock market or equity market is reacting at present, it seems that inflation has reached its high. The US stock market has seen a jump of about 5% in the last 5 days. US CPI data was released on 13 September. US inflation was 8.6% in May, rose to 9.1% in June, and then fell to 8.5% in July. US CPI data is expected to continue declining, but core inflation could still be a cause for concern for economists, analysts, and stock market investors.
There is a decline in the US market from January 2022
Leaving July, the US market has been declining since January 2022 this year. Uncontrolled inflation is bad for the US economy, causing the US Central Bank to raise interest rates. The Fed has already raised rates by 225 basis points, and it is expected to increase further. Any negative surprise in the inflation data or a sudden change in macroeconomic factors can trigger a downtrend in the market. The best way is to diversify your portfolio and keep adding quality stocks with a long-term view.
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