4 Consumer Staples Stocks to Buy on Fading Rate Cut Hopes

Fears of a slowing economy have been gripping markets for a while now and it is unlikely that the Federal Reserve will go for a rate cut anytime soon. In fact, concerns have grown that the Fed could go for just one rate cut this year as it struggles to bring down inflation.A sharp jump in inflation has forced the Fed to maintain a cautious approach, with consumer confidence and sentiment plummeting to new lows.Given this situation, it would be safe to invest in consumer staples stocks, which are considered ...