June 22

Stock Market Lower On Never Ending Rate Hikes

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  1. I don’t think the Fed will raise rates in next FOMC meeting. The CPI report next month will be lower in the 3% range. Further hikes will put more pressure on banks. The fed’s moves are lagging and need some time to absorb into the economy. Inflation rates are coming down.

    1. I agree. Plus making people pay back their student loans will dry up some of the cash in the market bringing the inflation rate down as well. I don’t think the economy can afford to take any more hikes.

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