US inflation hit a record of 7.5% year on year as per a10 Feb 2022.
looks like the Fed will need to take action soon. let's monitor closely. how will the market react to this record high inflation.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
consumers could face more 7.5%, depending on the type of food/things they buy.
later on when fed raises 25 basis point, market rebounds more :)