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Stocks Fall as Hot Inflation Puts Fed Rate Hike Back in Play

Original: Stock Market Today: Stocks Head Lower as Hot Inflation Puts Another Fed Rate Hike Back in Play

US stocks headed lower after a hotter-than-expected inflation reading revived the possibility of another Federal Reserve interest rate hike. Investors sold off as the data suggested price pressures remain stubborn, complicating expectations that the central bank is done tightening. Market watchers are now reassessing the outlook for rates and equity valuations heading into upcoming Fed decisions.

Why now: Fresh inflation data shifted rate expectations, moving markets and prompting investors to rethink Fed policy bets.

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• Stock Market Today: Stocks Head Lower as Hot Inflation Puts Another Fed Rate Hike Back in Play · 24/7 Wall St.

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