US inflation data is at multi year resistance..
Updated
Us inflation is at multi year resistance.it shows inflation has already peaked. once it will start coming down markets will rally to the upside. Will markets makes new ath sooner or later ? Well who knows?? Ask yourself that question.
Will fed stop rising rates for now?
Very unlikely.
Will fed could consider lowering the basis points ?
Most likely.
Will fed do it in upcoming meeting (23rd sep'22) this month?
Unlikely.
Will fed stop rising rates for now?
Very unlikely.
Will fed could consider lowering the basis points ?
Most likely.
Will fed do it in upcoming meeting (23rd sep'22) this month?
Unlikely.
Comment
The upcoming fed meeting is on 21'st of sep'22.Comment
check this chart now.Comment
inflation cool down to 7.70 now.Comment
inflation cool down to 6.50 now.Comment
JUST IN: 🇺🇸 FED Chair Jerome Powell says he "expects 2023 to be a year of significant decline in inflation."Comment
Inflation cools down to 6.40% now.Comment
Inflation cools down to 6 now.Comment
Inflation cools down to 5 now.Comment
What If ?Comment
we'll get to know in few minutes from now.Comment
Inflation cools down to 4.9 now.Comment
Inflation cools down to 3 now.
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