Looks Like US Stocks Up Only US Federal Reserve raises rates by the e ...

in DBuzz2 years ago

Looks Like US Stocks Up Only

US Federal Reserve raises rates by the expected 0.25%. Powell's speech is hawkish but stocks are up significantly.

I am closing all shorts for the time being. However I must resist the FOMO. #donotfomo

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 2 years ago  

How long do you think they will raise interest rates?
I hope that the level of inflation there will start to decrease as soon as possible.
!LOLZ

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I expect the Fed Funds rate to stay around 5% for at least a year. Fed does not want to repeat Arthur Burns 1970s mistake.