Investors Grow More Confident Fed Will Pull Off a Soft Landing

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Investors Grow More Confident Fed Will Pull Off a Soft Landing
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More big investors are betting on a soft landing after all, with the Federal Reserve set to announce its final interest-rate decision of the year Wednesday

Mutual funds and hedge funds are putting money in stocks that would benefit from slowing inflation, falling rates

In 2021, officials thought that high inflation would be temporary. But a year later, it was still near a four-decade high. WSJ’s Jon Hilsenrath explains three factors that have kept inflation up for longer than expected. Illustration: Jacob Reynolds

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