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Fed's Powell says inflation battle not won, more rate hikes coming 12/27/2022

After raising the interest rates another 50 basis points, the Fed has already signaled that 2023 will see more interest rate hikes. Reuters has the details @ https://bit.ly/3Fy5XOm #2023

Fed's Powell says inflation battle not won, more rate hikes coming The Federal Reserve will deliver more interest rate hikes next year even as the economy slips towards a possible recession, Fed Chair Jerome Powell said on Wednesday, arguing that a higher cost would be paid if the U.S. central bank does not get a firmer grip on inflation.

Boeing's last 747 has rolled out of the factory after a more than 50-year production run 12/20/2022

The last Boeing 747 has exited the factory, ending the plane's 50-year production run. CNBC has the story @ https://bit.ly/3Fx8LLZ #747

Boeing's last 747 has rolled out of the factory after a more than 50-year production run Boeing has produced 1,574 of the planes at its factory north of Seattle.

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