New Overnight Developments Abroad - Daily Update
Bear Market Time for Equities But A Grand Time for the Dollar
June 13, 2022
Last Friday’s U.S. CPI report that revealed a 485-month high 8.6% rate of inflation exceeded expectations and drove a big nail into hopes that a return to in-target inflation can be restored in a sustained way without going through an economic recession. The Federal Open Market Committee will announce another interest rate hike this Wednesday. […] More
