JANET YELLEN

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gS9i5[1].webp The US economy is in serious trouble..... 7043[1].gif
"By far the most important news story of the month for investors was the Consumer Price Index print released on November 14, which showed inflation rising by a lower-than-expected 3.2% in October.

That sparked a flurry of bets that the Fed is done tightening. The majority of traders believe the central bank has lifted interest rates for the final time this cycle, according to the CME Group's Fedwatch tool, with eyes now turning to potential mid-2024 rate cuts.

If that forecast plays out, there's a good chance policymakers will be able to achieve their dream "soft landing" outcome, even though they
hiked borrowing costs from near-zero to about 5.5% in the space of just 15 months."

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