War against inflation
The Federal Reserve is now expecting inflation to fall to 2.4% next year, which is down from what was forecasted in Sep this year, at 2.5%.
We had a pause in rate hike for 3 consecutive meetings.
Powell was just short of declaring victory for the fight against inflation
We had a pause in rate hike for 3 consecutive meetings.
Powell was just short of declaring victory for the fight against inflation
From YouTube
$Invesco QQQ Trust(QQQ.US$ $ProShares UltraPro QQQ ETF(TQQQ.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $NASDAQ 100 Index(.NDX.US$ $NASDAQ(NASDAQ.US$ $DBS Group Holdings(D05.SG$ $OCBC Bank(O39.SG$ $Lucid Group(LCID.US$ $Rivian Automotive(RIVN.US$ $NIO Inc(NIO.US$ $McDonald's(MCD.US$ $Starbucks(SBUX.US$ $Nike(NKE.US$ $Procter & Gamble(PG.US$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Successful investing is about managing risk, not avoiding it. DYODD
Support my YouTube channel: Jay el
5573Followers
42Following
26KVisitors
Follow
Gilley : and let me guess all prices for food housing cars will still be going up still like they've been
OceansWave : So far what is going down is the oil prices… it was the main factor that brought down the data.. so on the overall I doubt the core inflation pieces have been brought down.
Cow Moo-ney OP OceansWave : The core CPI, which excludes the volatile food and energy prices, increased 0.3% from last month and 4% from last year. But was expected by the market
thetime_1998 : It would be nice if the rate fell. it looks like I will be buying more CALLs than PUTs.