Commenting on the latest CPI data, Philadelphia Fed President Patrick Harker said Thursday morning that he expected the "eye-popping" inflation readings of 2022 were behind us and that it made sense to slow down the pace of rate hikes.
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As a market sits in a range of prices, the next question becomes: will the price break higher or lower? Surely in a fiat-money environment, such a market will do one thing or another, but not stay in the range forever.
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Watch: Hundreds Trapped As Powerful Magnitude 7.0 Quake Devastates Tibet
Hundreds of police officers and armed personnel have been deployed to the high-altitude Nagqu prefecture, clambering through rubble and setting up temporary shelters under freezing conditions as search efforts intensify.