Why the latest inflation report was the best-case scenario for stocks

Dec 13 2022 by Business Insider

 

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Stocks rallied Tuesday after November inflation data came in cooler than expected. The reaction shows traders are expecting an easing of Fed tightening, which would help avoid a hard economic landing in 2023. The report was in many ways the most ideal possible outcome for stocks.

November inflation data came in cooler than expected.

It was in many ways the best-case scenario for stocks, as evidenced by Tuesday's sharp rally. 

Cooler economic data signals the Fed's...

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