ok//@skylechia:aweosme//@robot1234:The US Federal Reserve and a number of its global counterparts will launch a rapid-fire attack on inflation in the coming week as their commitment to bringing consumer prices under control gets ever more resolute. Starting the onslaught will be Sweden’s Riksbank on Tuesday, with policy makers anticipated by economists to accelerate tightening with a 75 basis-point move.That’s just a prelude to the main event, when US officials are expected on Wednesday to raise borrowing costs by the same amount to keep up the pressure on resurgent inflation. After another consumer-price index report topping forecasts, some investors have even bet on a mammoth 100
US STOCKS-Wall St Drops to Two-Month Lows As Recession Fears Mount
ok//@pekss:With some words on crackdown, the Chinese government can easily put all our fundamental and technical analyses to waste. Little transparency is there on its economy performance whose latest GDP growth appeared to hold up despite widespread lockdown and supply disruptions at its economic powerhouse Shanghai. While officials have come urging calmness while its stock market drops, it remains to be seen whether and how Chinese government is going to follow through its words with concrete actions in propping up the market. Until all dust has settled and there is more clarity in predicting the next move by the Chinese government, I would prefer$Amazon.com(AMZN)$to