US indices finished the day in red today. It appears that some investors are not sure if hawkish Federal Reserve can fight inflation and avoid a recession albeit the US economy appears to be strong and jobs reports seem to indicate a low unemployment rate. I'm thinking that Federal Reserve's decisions are data-driven and they seem to be transparent about their decision-making so their meeting minutes and decisions will continue to shed light on the state of US economy.
On the SPOT blog (04/06/2022) [R..]
Updated: Aug 31, 2022
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