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Trumpflation Threatens Market Rally | Business and Finance News

Trumpflation Threatens Market Rally | Business and Finance News

Published 6 hours ago
Description

Inflation is surging again, dubbed “Trumpflation,” fueled by tariffs and a major shipping disruption from Iran that spiked gas prices. While oil prices have dipped slightly and June’s inflation may look marginally better, underlying costs across goods and services remain stubbornly high, pushing up everything from food to tech. Markets are bracing for potential Fed rate hikes this year, which could cool the rally—especially for high-growth tech stocks reliant on cheap capital. The real danger? Persistent inflation could signal the end of the current bull run.

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