To The Moon

$Nasdaq100 Bear 3X ETF(SQQQ)$ Big central banks this week raised interest rates to their highest levels since the global financial crisis, yet investors rushed into equities and bonds after officials hinted that the current cycle of monetary tightening may be nearing its end. Investors were buoyed after Fed chair Jay Powell said the "disinflationary process" in the US economy was under way. Although there are reports that Fed might be planning to slow down on its interest hike, perhaps they won't be slowing down soon. History has shown that softening stance from Fed may lead to higher inflation. The central bank was now aggressively increasing interest rates to bring inflation back to around 2 percent, its long-established target. If the Fed failed to get inflation lower, it would damage its credibility and sow doubts about its ability to guide the economy. The Jan CPI data is higher than expected at 6.4%. The economy is still going strong and the next million dollars question in everyone's mind is what action is Fed going to take next?? Will we see more aggressive interest hikes moving forward like what we witnessed in Q4 2022? What do you think? Do let me know your thoughts! @Daily_Discussion @CaptainTiger @TigerStars @MillionaireTiger