On the SPOT™ blog (06/22/2023) [L..]
- Salyl Bhagwat
- Jun 22, 2023
- 3 min read
Federal Reserve Chairman continued his congressional testimony and reiterated that Feds might be couple of rate hikes away from peak interest rate. Home prices fell and existing home sales rose slightly in May. Last week's unemployment benefits remained unchanged. The mood seems unchanged as this morning (PST), all three major US indices seem to be fluctuating around the flat line.