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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Stocks Keep Climbing After Latest Inflation Data

Inflation Target José Torres Siri
Closeup of black stock chart with red and green bars.

Another encouraging reading on inflation and some bad-news-is-good-news retail sales data helped stocks open higher Wednesday, with the main indexes building on Tuesday's blowout gains. 

The economic reports are just the latest to confirm that the Federal Reserve's aggressive interest rate hikes are doing what is needed to slow the economy and bring inflation down. 

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