TipRanks
Inflation at 7.1%: 2 ‘Strong Buy’ Dividend Stocks That Beat This Rate
The official CPI report, released this morning, came in at 7.1% for the month of November, compared to the 7.3% expectations. The beat will give confidence to investors, and the major indexes are showing solid gains in reaction. Meanwhile, the Central Bank’s decision makers are convened for the final FOMC meeting of the year, and are widely expected to institute another interest rate hike – Chairman Jerome Powell has already indicated that we need to see more pain from high rates before inflatio