Consumer prices rose 0.4 percent in December, with the Consumer Price Index up 2.9 percent from a year earlier, driven by food prices. Core inflation slowed slightly to 3.2 percent, but overall progress has stalled, leading to concerns at the Federal Reserve and a likelihood of interest rates remaining steady in the near future.
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Got $1,000? Here Are 2 Fantastic Stocks to Buy Right Now.
For those looking to invest in the stock market, Nvidia (NVDA) and Taiwan Semiconductor Manufacturing (TSM) are recommended stocks, with a suggested holding period of three to five years to realize potential gains. Both companies are capitalizing on the significant growth in artificial intelligence, with Nvidia's GPUs being crucial for AI models and TSMC producing chips for various competitors. Management forecasts indicate Nvidia's revenue could increase significantly over the next five years, while TSMC anticipates...
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