February 8, 2023: The Year of Significant Declines in Inflation

Jerome Powell: The Fed Might Need More Rate Hikes Federal Reserve Chairman Jerome Powell thinks the Fed may need more rate hikes. Powell said that the Committee’s message last week was that the deflationary process has begun, but we still have a long way to go. He added that it would undoubtedly take until next

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Daily Market Brief 22-11-22

February 7, 2023: Bank of America Warns of Debt Default

Bank of America: Be Prepared for a US Debt Default. Brian Moynihan, CEO of Bank of America, said it was necessary to prepare for the case of a US debt default and a recession that would lower corporate profits. Brian Moynihan, the CEO of Bank of America, said in an interview with CNN on Monday

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