Market Reaction After FOMC Interest Hike News.
@JC888：
Before making an educated guess on which direction (up or down or sideways) Market will react on 01 Feb afternoon; it is important to know where US economy stands currently. Right ? US 2022 - 7 Interest hikes from Mar to Dec 2022 In 2022 alone, national interest rate has been adjusted 7 times with the last in Dec 2022. Currently interest stands at 4.50 %. The Fed has repeatedly sounded that there is room at the top for more hike/s where required to bring inflation under control. US- Dec 2022 CPI Dec 2022 CPI had registered another month of slow down. Is this a clear indication that the 7 interest rate hikes is beginning to do its job ? Think the reply is a resounding "Yes". US - Dec 2022 PCE Dec 2022 PCE just released recently is also pointing to a rise that is we