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Nov 14th Stock Market Update - The Fed won't move quickly on lowering interest rates

Nov 14th Stock Market Update - The Fed won't move quickly on lowering interest rates

$NXPI $LI $CAVA

Mukund Mohan
November 14, 2024

Market

“The chairman of the Federal reserve Jerome Powell mentioned that the data coming from the economy does not indicate that the Fed needs to be aggressive on lowering interest rates, which made markets pause and go lower” 😊 🤒

Markets moved lower on news that Fed will move slower on lowering rates

Google, Meta and Microsoft, all got news that they were being fined or being under the government scanner - either in the EU (Meta) or CFPB (Google) and FTC (Microsoft) and will be fined.

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