Best Crypto to Buy Today 5 January – FGHT, ETC, D2T, LDO, CCHG
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Stock index futures are trading down over 1% so far Thursday as investor optimism is being kept in check by the possibility that the Federal Reserve will keep interest rates higher for longer as we head deeper into the new year. This fear has caused the S&P 500 to drop 20% from its record close last year.
Gita Gopinath, of the International Monetary Fund, agrees with the Federal Reserve's approach to inflation, as reflected in the minutes from their December meeting, stating that the Fed was correct to "stay the course" as U.S. inflation has not yet stabilized.
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