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StockNews.com
StockNews.com
Business
RashmiKumari

2 Stocks That Could Be Bargain Buys for 2023

ORCL Oracle US Federal Reserve Inflation Agilent Technologies Inc Oracle Corporation

According to the Bureau of Labor Statistics, October’s Consumer Price Index (CPI) showed a 7.7% increase over the previous year and a marginal increase over the prior month, lower than the Dow Jones estimate.

Following a favorable inflation report, the odds of the Fed slowing down on its rate hike aggression have increased. The CME FedWatch tool recently showed an 80.6% probability of a 50-bps rate hike in December.

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