🧙♂️Fed Chair Jerome Powell:
🔸️Certain aspects of the Fed’s approach, such as its focus on inflation expectations, are here to stay.
🔸️We may be entering a period where supply shocks will be more frequent.
🔸️Given the levels inflation has reached, the idea of a mild overshoot after weakness has become irrelevant.
🧙♂️The United Arab Emirates will invest $1.4 trillion in the US over the next 10 years.
🧙♂️#FTX will pay over $5 billion to creditors on May 30.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
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