Morning Traders,
Markets liked the FED announcement yesterday, as there were no big surprises. As discussed in the video, the FED carefully massaged the language around inflation saying that they will not raise rates to combat inflation, since it's "transitory." I think this is a load of crap personally, but the market doesn't care what I think.
Up we go, where we stop, nobody knows :)
Markets liked the FED announcement yesterday, as there were no big surprises. As discussed in the video, the FED carefully massaged the language around inflation saying that they will not raise rates to combat inflation, since it's "transitory." I think this is a load of crap personally, but the market doesn't care what I think.
Up we go, where we stop, nobody knows :)
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