Get all your news in one place.
100's of premium titles.
One app.
Start reading
StockNews.com
StockNews.com
Business
Shweta Kumari

HISTORICAL FACTS: Does inflation worry you these 3 commodity stocks could help calm your nerves - The Untold Story

Commodity prices surged significantly amid the multi-decade high inflation. However, global recession fears have led to commodity prices falling over the past few weeks.

The U.S. Consumer Price Index (CPI) rose 8.6% year-over-year in May, registering the highest increase since 1981. To combat the skyrocketing inflation rates, the Federal Reserve hiked the benchmark federal funds rate by 75 basis points on June 15, marking the most aggressive hike since 1994. The FOMC also announced its plans to raise the benchmark rate further this month.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.