Does the tax U-turn mean interest rates won't rise to 6% as predicted?

The government has reversed some of its tax cuts, but have they gone far enough?

Invesco QQQ Trust (QQQ)

NasdaqGM - NasdaqGM Real-time price. Currency in USD

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274.87

+7.61

(+2.85%)

As of 03:05PM EDT. Market open.

Time period:

03 Oct 2021 - 03 Oct 2022

Show:

Historical prices

Frequency:

Daily

Currency in USDDownload

Date	Open	High	Low	Close*	Adj. close**	Volume
03 Oct 2022	269.07	275.16	267.54	274.87	274.87	43,733,085
30 Sept 2022	271.03	275.19	267.10	267.26	267.26	78,348,500
29 Sept 2022	275.86	276.25	268.84	271.87	271.87	81,216,000
28 Sept 2022	274.46	281.25	272.95	279.94	279.94	79,652,100
27 Sept 2022	277.81	280.21	272.11	274.48	274.48	69,780,100
26 Sept 2022	275.03	279.49	273.56	274.37	274.37	71,176,700
23 Sept 2022	277.55	277.85	272.02	275.51	275.51	74,705,400
22 Sept 2022	282.00	283.03	278.82	280.07	280.07	62,757,100
21 Sept 2022	289.59	293.95	283.42	283.56	283.56	82,931,000
20 Sept 2022	288.49	291.07	286.38	288.73	288.73	51,271,100
19 Sept 2022	286.10	291.21	286.04	291.05	291.05	52,613,800
19 Sept 2022	0.519 Dividend
16 Sept 2022	287.72	289.72	285.62	289.32	288.80	79,056,000
15 Sept 2022	294.07	296.53	289.46	291.10	290.58	65,299,400
14 Sept 2022	294.87	296.93	293.06	296.03	295.50	54,907,200
13 Sept 2022	301.80	303.02	292.79	293.70	293.17	79,562,200
12 Sept 2022	308.50	311.08	308.18	310.74	310.18	45,905,700
09 Sept 2022	302.83	307.60	300.52	307.09	306.54	56,059,400
08 Sept 2022	296.85	301.87	295.45	300.52	299.98	55,649,800
07 Sept 2022	293.54	299.99	293.27	298.97	298.43	49,260,400
06 Sept 2022	295.66	296.60	290.87	293.05	292.52	57,005,400
02 Sept 2022	302.34	303.75	293.52	295.17	294.64	64,569,600
01 Sept 2022	296.72	299.78	292.95	299.40	298.86	57,990,700
31 Aug 2022	303.99	304.91	299.16	299.27	298.73	50,044,000
30 Aug 2022	306.10	306.73	298.44	301.02	300.48	51,184,500
29 Aug 2022	304.62	307.22	303.28	304.41	303.86	48,321,900
26 Aug 2022	320.28	321.51	307.35	307.44	306.89	69,047,700
25 Aug 2022	316.83	320.60	315.76	320.58	320.00	38,098,300
24 Aug 2022	313.61	316.87	312.99	315.01	314.44	38,057,100
23 Aug 2022	314.12	317.00	313.33	314.10	313.54	39,497,100
22 Aug 2022	318.50	318.74	313.53	314.36	313.80	51,098,900
19 Aug 2022	326.17	326.84	322.08	322.86	322.28	51,770,600
18 Aug 2022	328.44	330.49	326.79	329.28	328.69	41,937,200
17 Aug 2022	329.07	331.43	326.36	328.49	327.90	47,842,200
16 Aug 2022	332.06	334.42	329.16	332.28	331.68	41,186,900
15 Aug 2022	329.42	333.57	329.40	333.06	332.46	38,266,600
12 Aug 2022	326.18	330.59	325.10	330.39	329.80	40,928,400
11 Aug 2022	328.31	330.36	323.36	324.08	323.50	45,897,700
10 Aug 2022	324.59	326.23	322.06	325.93	325.35	51,459,600
09 Aug 2022	318.77	319.03	315.42	317.08	316.51	39,764,200
08 Aug 2022	322.69	326.47	319.21	320.71	320.13	43,878,500
05 Aug 2022	319.19	323.83	318.39	321.75	321.17	53,894,000
04 Aug 2022	322.97	324.72	320.77	324.40	323.82	38,973,700
03 Aug 2022	316.05	323.73	315.99	322.89	322.31	53,735,700
02 Aug 2022	312.92	318.55	311.84	314.33	313.77	48,676,500
01 Aug 2022	313.65	318.81	312.53	315.27	314.70	46,358,800
29 Jul 2022	311.39	316.39	309.93	315.46	314.89	57,501,000
28 Jul 2022	306.59	310.40	302.75	309.81	309.25	55,139,900
27 Jul 2022	299.04	308.54	298.46	306.81	306.26	69,304,400
26 Jul 2022	298.53	298.79	293.54	294.37	293.84	50,074,100
25 Jul 2022	302.02	302.50	298.22	300.27	299.73	40,582,400
22 Jul 2022	306.43	308.55	300.12	301.99	301.45	57,127,700
21 Jul 2022	303.50	307.44	300.78	307.38	306.83	55,049,400
20 Jul 2022	298.73	304.24	297.93	303.03	302.49	67,769,400
19 Jul 2022	293.11	298.60	291.47	298.30	297.76	55,172,600
18 Jul 2022	294.72	296.16	288.20	289.40	288.88	59,519,600
15 Jul 2022	289.73	291.98	288.08	291.87	291.35	63,818,100
14 Jul 2022	282.99	287.56	279.80	286.67	286.16	63,741,800
13 Jul 2022	280.60	288.05	280.02	285.65	285.14	73,939,400
12 Jul 2022	290.32	292.28	284.61	286.24	285.73	55,797,100
11 Jul 2022	292.88	293.11	288.14	289.04	288.52	55,273,900
08 Jul 2022	292.08	296.75	291.12	295.35	294.82	59,895,500
07 Jul 2022	289.63	295.70	289.63	294.98	294.45	56,620,100
06 Jul 2022	287.35	290.95	285.59	288.80	288.28	63,194,700
05 Jul 2022	278.31	287.08	276.75	286.96	286.45	61,829,300
01 Jul 2022	278.95	282.53	277.03	282.13	281.62	56,675,100
30 Jun 2022	280.75	283.94	275.78	280.28	279.78	79,313,600
29 Jun 2022	283.40	285.34	280.84	283.80	283.29	57,302,700
28 Jun 2022	293.00	295.65	283.35	283.54	283.03	61,609,800
27 Jun 2022	296.00	296.58	291.29	292.45	291.93	54,151,500
24 Jun 2022	287.74	295.04	287.50	294.61	294.08	58,422,300
23 Jun 2022	283.21	285.72	280.31	284.85	284.34	57,457,800
22 Jun 2022	278.52	285.18	277.91	280.67	280.17	67,472,900
21 Jun 2022	278.75	283.45	278.64	281.08	280.58	51,633,700
21 Jun 2022	0.527 Dividend
17 Jun 2022	272.18	277.19	270.51	274.69	273.67	82,703,400
16 Jun 2022	275.59	276.06	269.28	271.39	270.38	81,910,300
15 Jun 2022	279.42	286.83	276.61	282.80	281.75	86,051,400
14 Jun 2022	277.66	278.66	273.34	275.91	274.89	64,697,500
13 Jun 2022	279.75	282.34	274.53	275.41	274.39	94,442,000
10 Jun 2022	293.65	294.87	288.38	288.84	287.77	85,963,500
09 Jun 2022	305.91	309.05	299.23	299.40	298.29	55,900,500
08 Jun 2022	309.05	311.72	306.77	307.64	306.50	38,342,100
07 Jun 2022	303.81	310.67	302.69	309.87	308.72	44,900,300
06 Jun 2022	310.75	312.35	305.62	307.22	306.08	51,785,000
03 Jun 2022	309.03	310.47	304.92	306.20	305.06	60,914,700
02 Jun 2022	304.85	314.56	303.40	314.38	313.21	59,291,300
01 Jun 2022	310.47	312.65	303.73	306.00	304.87	65,341,700
31 May 2022	309.07	311.33	304.33	308.28	307.14	60,968,300
27 May 2022	302.54	309.25	302.42	309.10	307.95	66,985,600
26 May 2022	290.44	300.92	290.15	299.33	298.22	59,462,200
25 May 2022	285.71	293.39	285.50	291.26	290.18	67,144,500
24 May 2022	288.13	288.86	282.25	287.24	286.17	73,491,100
23 May 2022	289.75	293.87	287.29	293.48	292.39	63,648,400
20 May 2022	293.13	293.80	280.21	288.68	287.61	91,764,200
19 May 2022	289.29	294.39	287.58	289.58	288.51	79,920,700
18 May 2022	301.54	302.25	289.85	291.14	290.06	79,477,100
17 May 2022	304.45	306.56	300.55	306.17	305.03	62,715,300
16 May 2022	300.15	302.26	297.13	298.44	297.33	59,190,400
13 May 2022	295.72	303.00	294.08	301.94	300.82	83,684,900
Close price adjusted for splits.*Close price adjusted for splits and dividend and/or capital gain distributions.

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NIKKEI 22526,215.79+278.58(+1.07%)

HANG SENG17,079.51-143.32(-0.83%)

CRUDE OIL83.44+3.95(+4.97%)

GOLD FUTURES1,708.40+36.40(+2.18%)

DOW29,615.06+889.55(+3.10%)

BTC-GBP17,337.05+244.67(+1.43%)

Does the tax U-turn mean interest rates won't rise to 6% as predicted?

Invesco QQQ Trust (QQQ)

NIKKEI 225
26,215.79
+278.58(+1.07%)

HANG SENG
17,079.51
-143.32(-0.83%)

CRUDE OIL
83.44
+3.95(+4.97%)

GOLD FUTURES
1,708.40
+36.40(+2.18%)

DOW
29,615.06
+889.55(+3.10%)

BTC-GBP
17,337.05
+244.67(+1.43%)