2 Strong, Safe Long-Term Stocks to Buy Amid Inflation Worries
By Olachi in Business
Updated 3 years ago
Stocks tumbled across the board Wednesday on the back of inflation worries that could force the Fed to reassess its easy money policies and raise its core interest rate. The consumer-price index climbed 4.2% in April from the year earlier, marking the largest 12-month climb since the summer of 2008. Core prices, which exclude food and energy, climbed 3% during the same stretch.