ncyncy
2022-06-16
njce//@koolgal:

The Feds have spoken and it's official - 0.75% rate rise!  It is the largest interest rate increase since 1994 and the Feds have signalled that it would continue lifting rates this year at its most rapid in decades!  This is to slow down high inflation that is at 40 year high!

Superhawk is the term to describe the Feds ' latest action.   However Jerome Powell said

"We are not trying to induce a recession now.  Let's be clear about that."

The markets seem to like what he was saying and the US indexes rose after that. 

Let's hope that recession can be avoided.  As always, hope for the best but prepare for the worse. 

@Mainstreet_Trades

@TigerStars

@CaptainTiger

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