Navigating Inflation and Rate Hikes: Insights from Experts

The European Central Bank raised interest rates to 3.5%, the highest in 22 years, and expects more pain to come. Meanwhile, the US markets rallied after the Federal Reserve's rate pause, with the S&P 500 closing at a level higher than where it was on March 16, 2022. Despite the Fed's plans to raise rates further, markets seem to be ignoring the central bank. Microsoft's shares hit an all-time high of $348.10, with artificial intelligence predicted to contribute $10 billion to its revenue annually.