U.S. stocks surge as cooling inflation calms fears of Fed rate hikes By Investing.com

rate excluding fuel and food rose 6.0%. Analysts were expecting a 7.3% rise in the top line and a 6.1% increase in the core rate from last year.

Many now expect the Fed will raise its benchmark rate by a half-percentage point, which would be smaller than the 0.75 percentage point increases it has put in place after each of its four most recent meetings.. Investors have feared that the Fed’s moves to tame inflation would overshoot the mark and tip the economy into a recession.

im terrified of the FED, Powell , did Powell get kicked in the head by a horse , he has horse sense , the FED is a bunch of autocrats , outcasts , out of touch ,grifters there only focused on crushing inflation an screw the economy , which they will play chicken with

There will still be a rate hike. 7.1 is not close to 2....

Today they surge, tomorrow they plummet. Same old, same old.

Lavde ka rise sell

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U.S. stocks open modestly higher ahead of CPI data, Fed meetingU.S. stocks had modest gains at the open on Monday, as investors await the release of the CPI for November and the Fed’s decision on interest rates. The Dow Jones Industrial Average advanced 128 points, or 0.4%, to 33,604:
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