Smaller rate hike could start in December!


https://www.cnbc.com/amp/2022/11/30/fed-chair-jerome-powell-says-smaller-rate-hikes-could-come-in-december.html

Finally, some breathing room for the market. It is not the best interest for the Fed to put the economy into a full recession. Moderation is the key to control inflation and slamming the host is a bad idea. It shows that the Fed has come to some senses with this announcement. Hopefully, more good news to come for an end of the year lift.


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