On the SPOT blog (11/14/2022) [N..]
- Salyl Bhagwat
- Nov 14, 2022
- 3 min read
Markets seem to have struggled for direction today as it took a breather from last week's rally. Comments from Fed officials suggested that they might slow the pace of rate hike increases but that does not mean that they would start easing the tightening since it is still early in the fight against inflation. Elsewhere, President Biden and President Xi resumed communications that might ease some tensions around the stocks related to China.