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clock Created with Sketch. 28/09/23
13:12
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Originally posted by Goodfella58:
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about rising gasoline prices and their impact on inflation and consumer spending. central bankers will hold interest rates "higher for longer" than previously expected, to try to squeeze inflation out of global economiesas a "triple whammy for U.S. equities" as investors worried about the impact on the economy
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It was a brave call to say that interest rates had plateaued in view of the current circumstances, although until a week ago it looked as though they may do in the not too distant future. Now it looks as though households and businesses are going to continue to be battered by the ever increasing rates we are suffering under now.
(20min delay)