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NeoSunTzu

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NeoSunTzu

Re: None

Tuesday, 07/02/2024 2:21:50 PM

Tuesday, July 02, 2024 2:21:50 PM

Post# of 797852
Two hours ago from the Fed which coincides with our drop; markets (FnF investors too) want to see lower rates first.

Federal Reserve Chair Jerome Powell said Tuesday that he is encouraged by cooler inflation but reinforced that the central bank will need to see more evidence before cutting interest rates.


https://finance.yahoo.com/news/powell-encouraged-by-cooler-inflation-data-we-are-getting-back-on-a-disinflationary-path-142545348.html

One can avoid reality, but one cannot avoid the consequences of avoiding reality.

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