The Federal Reserve kept the federal funds rate steady at 0–0.25% (breathe a sigh of relief that there was no rate hike!).
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ASX 200 News: Vulcan, PointsBet, and CSL Updates
We examine ASX updates from PointsBet Holdings Ltd [ASX:PBH], Vulcan Energy Resources Ltd [ASX:VUL], and CSL Ltd [ASX:CSL].
Inflation on the Loose and a New Venture
The problem with inflation is that it won’t stay on the leash. It runs off…tears open the trash bags…and bites the neighbour.
The Vultures Are Circling
whenever there is blood in the streets, the vultures have already begun circling…
Piedmont Share Price in Freefall as BFS Fails to Impress Investors (ASX:PLL)
The share price of Piedmont Lithium Inc [ASX:PLL] is tumbling today. Despite releasing a comprehensive update on its Carolina Lithium Project in the US, Piedmont shares are trading 4.15% lower at time of writing.
Why the Fed Can’t Raise Interest Rates
The Fed suppresses interest rates by buying bonds. As long as the asset-buying goes on, presumably, stocks and bonds get a bid, even as inflation rates go up.
