Home builders, flooring companies and pool maker stocks rally as CPI data boosts rate-cut hopes

Date:

July 11, 2024

The stocks of home builders were rallying across the board on Thursday, after government data showed consumer prices falling for the first time in more than four years, boosting hopes the Federal Reserve may soon start to lower interest rates.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Home builders, flooring companies and pool maker stocks rally as CPI data boosts rate-cut hopes

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