MARKET DAILY

Market 04/19: Three major shocks in the market on Friday

Three major shocks in the market on Friday: War in the Middle East, limited capacity in the AI semiconductor chip manufacturing industry, and hawkish stance of Fed members.

Dan Khuong Linh
Dan Khuong Linh

Fed Chicago Goolsbee:

Inflation is slowing but will take longer to bring back to 2%.

Fed's current tightening policy is appropriate.

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