The recent drop in U.S. inflation has sparked discussions about potential interest rate cuts by theU.S. Federal Reserve Bank. As inflation cools, investors are reconsidering their portfolios, with cannabis stocks emerging as a potential opportunity.
Cooling Inflation Trends
Inflation in the U.S. has decreased for three consecutive months, with a 0.1% decline from May to June. This marks the first monthly drop since the pandemic's peak in May 2020. Year-over-year, prices rose by 3% in June, down from 3.3% in May.
Federal Reserve's Response
With inflation approaching the Fed's 2% target, there is growing anticipation that...
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