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US Close- Fed signals more hikes coming, Powell says disinflation process begun, ADP cools, No surprise from OPEC/US stockpiles rise, Gold higher, Crypto
Today, Fed Chair Powell decided to not put on his hawkish tie. Risky assets recovered after Powell expressed optimism with the disinflation process and did not show concerns over the recent easing of financial conditions. Powell was Dr. Jekyll and Mr. Hyde as he tried to keep the door open for more tightening, but he […]...
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Posted: Feb 1 2023, 20:34
Author Name: marketpulse
Views: 110656