LONDON -The dollar fell on Friday, while stocks extended gains after data painted a picture of a U.S. economy that is creating jobs, but is starting to slow, tempering expectations for the Federal Reserve to keep raising rates as fast to fight inflation.
"There are signs that wage inflation has peaked, and as we move closer to recession that number should come down," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. China will make substantial changes to its"dynamic-zero" COVID-19 policy in coming months, a former Chinese disease control official told a conference hosted by Citi on Friday, according to a recording of the session heard by Reuters.
This old men must go away!! He doesn’t know what he is doing 😳f**k powell fed and all finanse system
😂
I smell … Bull trap