Your Daily Brief For November 11th

Your Daily Brief For November 11th

4 months ago1 min

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Your Brief Summary

In today’s Daily Brief, we'll look at why investors are fretting over the Federal Reserve not ruling out future rate hikes.

"Because the central bank believes that newly limbered-up supply chains are no longer a cause for higher prices, it’s down to rate hikes to tackle still-rampant inflation."

Key takeaways:

  • The Federal Reserve kept investors glum by making it clear that rate hikes are still firmly on the table
  • Swiss luxury group Richemont reported less-than-luxurious results on Friday


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