FED will still raise the hike. It will be 75 basis point in Nov as inflation is high, hovering at around 8 %. It will continue to hike interest rates until inflation is tamed.

That's how I view the rate hike in Nov 22.  

# How to Interpret Powell's Testimony?

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  • DaisyMoore
    ·2022-10-31
    I agree with you. There is still about a month to adjust. It seems that the market will soon usher in new turbulence.
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  • Kiyosumi
    ·2022-11-01
    I agree with your views
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    • bernardtayet
      Seize the opportunity when rising rates dampen the market. Buy dip buy for long.
      2022-11-01
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  • EricVaughan
    ·2022-10-31
    75 points have reached a large range. What the Federal Reserve needs is gradual progress.
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  • HelenJanet
    ·2022-11-01
    I agree with you. 👍🤝😊
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