$NIO Inc.(NIO)$why NIO could go below $7? I set the price $6.85 Reason 1: Chair Jerome Powell said that the Fed could start to dial back rate hikes in future meetings, giving the economy a bit of a breather from punishing interest rate spikes that have slowed hiring! The interest rate will only slow down after mid 2023. Fed is not yet easy on inflation! Reason 2: Several top Chinese scientists have called for hypervigilance against the possible collision of Covid-19 and influenza outbreaks this winter as coronavirus cases again rise in some major cities. So, there is serious issues still around to continue lockdown! Reason 3: Russia-Ukraine war: 24-hour curfew imposed in Kherson as Putin calls for people to leave city – as it happened. The Ge