AHR Weekly Market Update - Monday 3rd June
On this week’s AHR Market review.The major U.S. stock indexes all declined snapping a string of five consecutive weekly gains that had lifted the indexes to record highs.US inflation held steady in April, a troubling indicator for the Federal Reserve, suggesting that the persistent rate of price increases may endure longer than anticipated and raising doubts about the timeline for potential interest rate cuts.The personal consumption expenditures (PCE) price index saw a 0.3% rise last month, ...