John Authers, Columnist

Big Tech Wins Again on Double Whammy Day

Inflation is down, and so are the Fed’s forecasts for the number of rate cuts this year. The Magnificent Seven barely noticed.

June 13, 2024 at 4:01 AM UTC

By John Authers

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

How about that zero inflation?
Photographer: Al Drago/Bloomberg

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