The Federal Reserve’s unrelenting fight against inflation over the past year has started to show results, with March’s CPI easing to 5% annually. However, concerns about a recession remain as the Fed looks to raise interest rates further to rein in inflation.
In this scenario, investors could consider buying Subaru Corporation (FUJHY), PT United Tractors Tbk (PUTKY), and Akbank T.A.S. (AKBTY), given their strong fundamentals, solid growth prospects, and discounted valuation.
