Raw Material Stocks Climb Amid Fed Speculation The materials sector experienced a slight uptick following the release of inflation data, as investors anticipate a potential rate cut from the Federal Reserve in the upcoming week. Consumer prices rose 2.5% in August, meeting expectations, while core prices exceeded forecasts. Gold futures remained near record highs, and lithium miners saw gains due to potential supply constraints from a major Chinese battery manufacturer considering production suspensions. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Powell Signals Fed's Readiness for Rate Cuts at Jackson Hole READ MORE Ray Dalio's Risk-Parity Strategy Falters, Prompting Massive Investor Pullback READ MORE Gold Poised for Third Quarterly Gain as Investors Await US Inflation Data READ MORE Consumer Prices Cool Further: June Marks First Monthly CPI Drop Since 2020 READ MORE Ukrainian Drones Strike Deep into Russia, Hitting Multiple Air Bases READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment