No, Jay Powell won't quit raising rates. Investors are simply taking advantage of huge sell-off yesterday.
Inflation peaking? Link here.
Inflation went down faster than expected in October, dropping to a year-over-year rate of 7.7%.
Inflation is down from its 9.1% June year-over-year peak, but still nowhere near the Federal Reserve’s benchmark target rate of 2%.
Taking flight: link here.
- Bookings down but fares up = nice returns for airlines.
Ukraine: attacks Russians retreating from Kherson; Moscow never requested "green corridor."
This is not an investment site; no recommendations. Usual disclaimers apply.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.