Wow, it’s been a week in the stock market hasn’t it? Thursday marked the fourth session in a row of daily losses, with that particular hit coming after the Fed instituted its fourth consecutive 75-basis point rate hike. That hike, however, was expected; what really roiled the markets was Fed chair Powell’s indications that the central bank will not be cutting back, or even slowing down, on the rate hikes anytime soon. Inflation is currently running at 8.2% annualized, and the core CPI is up to 6
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