menu search

Why the market doesn't care about a more-hawkish Fed

Why the market doesn't care about a more-hawkish Fed
The Fed inarguably delivered a surprise on Wednesday by raising the dots plot to signal a year-end rate of 5.6% and the initial reaction was what you would expect -- selling of risk assets and buying in the dollar. However after some time to digest, the market shrugged off the Fed. The dollar gave back gains and stocks returned to unchanged.Why is the market unworried about higher rates?For one, the market has seen many dot plots and knows they're hardly set in stone. Financial markets have been... Read More
Posted: Jun 14 2023, 19:49
Author Name: forexlive
Views: 102215

Search within

Pages Search Results: