from its peak of 9.1% in mid 2022 tojust 3.1% in november. that is above the fed s target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, for wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? that s happened in the us overnight. i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s happening here. there has been enough progress on inflation that makes the fed feel comfort
to ease rising prices. data you may recall this week showed a drop from its peak of 1.9% in mid 2022 tojust 3.1% in november. that is above the beds target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? investment firm t row what happened in the us overnight? i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s happeni
there s so many layers to what you said. first of all, i go, it s interesting that you say that you voted on somebody based on security. that s where i call you guys out to a certain extent. the news teruews terrifies peop. can i just say that? the news terrifies people. i watch cnn and different news networks and i m like, i do really need to know about a guy in france waving a knife? did i really need to know that? and then you make that decision. but is that the person who s going to keep you the safest? we don t know. but i thought he was saying economics, as well. economics wise. and you have to admit, african-americans didn t do as well under barack obama as completely agree with that. no one will take that away from you. the question then i think you have to ask is, is donald trump listening? every time i see donald trump talk about black people, has to say the phrase in a city. he does not think a black person exists beyond that. it s strange to me that in america,