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Dow Jones Technical Analysis
Last week, the Federal Reserve made the decision to pause its tightening cycle, settling at a range of 5.00-5.25%. Their rationale behind this move was a desire to gather additional economic data before determining whether or not to proceed with further interest rate hikes, although the pencilled two more rate hikes by the end of 2023. Their goal is to carefully calibrate the appropriate level of monetary restraint required to bring inflation down to the target, while minimizing any adverse effe...
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Posted: Jun 19 2023, 09:57
Author Name: forexlive
Views: 112367
