[theold]

The Federal Reserve looked closer to moderating aggressive interest-rate increases after welcome news on inflation, with three officials backing a downshift even as they stressed that policy needs to stay tight.

“While I believe it may soon be appropriate to slow the pace of rate increases so we can better assess how financial and economic conditions are evolving, I also believe a slower pace should not be taken to represent easier policy,” Dallas Fed president Lorie Logan told a conference hosted by her bank in Houston on Thursday (Friday AEDT).

https://www.afr.com/policy/economy/fed-o...111-p5bxck

[RiseofAsia]

Shd be recession on the card lah… 
Bring down inflation.

Q4 and next year Q1, tech stocks and manufactuting sector hong gan liao.