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0.000495692198748919 -0.000519296589165649 -0.000873362445414858 -0.000354065856249343 -0.000401274637082535 -0.000873362445414858 0.00361147173374241 0.00658562492623619
Stock impact report

4 Financial Mutual Funds to Buy as Inflation Stays Elevated [Yahoo! Finance]

The Travelers Companies, Inc. (TRV) 
Last the travelers companies, inc. earnings: 4/21 06:57 am Check Earnings Report
US:NYSE Investor Relations: investor.travelers.com
Company Research Source: Yahoo! Finance
Investors are concerned about domestic inflation, which rose for the third straight month in March, and the slowest economic growth in nearly two years. The Consumer Price Index (CPI), which is the most accepted gauge for inflation, saw the biggest rise in the past six months. Inflation for the month of March rose 3.5% year on year against 3.2% in February, mostly due to a rise in the cost of gasoline and shelter. The growth of the U.S. economy for the quarter between January to March 2024 was 1.6% against Wall Street's expectation of 2.4%, the slowest in nearly two years. The slowdown in the momentum of Gross Domestic Product was mostly due to a sharp rise in inflation that led to a cool-off in consumer and government spending. In the current situation, the challenge for the Federal Reserve will be to strike the right balance between high interest rates, win the inflation battle and create a soft landing for the economy. The central bank, in its last meeting, kept the overnight Show less Read more
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