BBCNEWS Asia July 1, 2024
mid-2022 from its peak of 1.9% in mid—2022 tojust 3.1% from its peak of 1.9% in mid—2022 to just 3.1% in november. that is above the beds target of 2% and jerome bed's target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors are satisfied that the fed is done, the only question on their ...