Investors are closely watching inflation trends to see if the stock market rally, fueled by Trump’s victory and expectations of tax cuts, can be sustained. The Federal Reserve’s ability to continue cutting rates hinges on inflation remaining moderate. While Trump’s policies could boost growth, they also carry the risk of reigniting inflation.
Oil climbs following renewed US, Iran strikes in Middle East
Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential