The Federal Reserve in the US is reducing its $9.5 trillion balance sheet by buying bonds at $95 billion per month, trying to get it back closer to the record $4.2 trillion after the GFC, before the pandemic. At the same time it is raising rates by .75% each month this year. The combination is a desperate effort to kill off 8.5% inflation.
If that is not tightening I will be a monkey's uncle.
I told you good time to buy, page-442
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Last
$2.89 |
Change
0.170(6.25%) |
Mkt cap ! $3.773B | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.92 | $2.75 | $50.19M | 17.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 328775 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 192249 | 9 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |