Ouch. When I last looked the DJIA was up over 300 points. Closed negative 500.
“Powell: ‘It is very premature’ to talk about pausing interest rate hikes” — that should put an end to all the whispering.
“that should put an end to all the whispering”
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Powell and his surrogates can reverse course at any time. Its all so much BS.
Meanwhile a large percentage of the population is straining under the weight of entrenched inflation.