out, and get the inflation under control, but the zero growth is even worse. as they get out too far out, there are hundreds of variables, because what the fed is trying to do right now is to get the inflation under control and we saw this morning a i would say warm producers report, and job layoffs that were low, and yesterday, i told you as i told you that the retail sales are very, very strong, so the fed is trying to kill the inflation here at this point, because it is the near-term problem that is the most dangerous. and so i think that just taking over the last three or four days, you are pretty much going to see the interest rate hikes ahead, and you are right, jim, the higher interest rate hikes means to service the hikes further out, and it is dangerous and delicate game here. no question. christine romans, appreciate
As per latest reports, Disney is laying off 7,000 employees. The CEO Bob Iger shared that this restructuring is a part of an effort to save billions in cost savings. Disney Layoffs: CEO Bob Iger Announces 7,000 Job Cuts in the Entertainment Company, Here’s Why.