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Jerome Powell: U.S. businesses will have to endure some "pain"

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S&P 500 Index (SP:SPX)  
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SP:SPX   S&P 500 Index
Trend Analysis Technical Indicators Fundamental Analysis SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) S&P 500 (SPX500) index VOO QQQ nasadaq NASDAQ 100 CFD
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trendanalysis indicator fundamental spy spx spx500 index voo qqq nasadaq ndx
Inflation must be tamed, no matter the collateral damage.
Interest rates are headed higher, unemployment will rise, and growth will slow.
Jerome Powell: "We must keep at it until the job is done."

Most likely in September SPX will test June`s low.

Looking forward to read your opinion about it.

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