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Markets raise bets on 50bps Fed hike, a look at DOW and DXY

Markets raise bets on 50bps Fed hike, a look at DOW and DXY
The markets were rocked by the “clear-cut” hawkish remarks by Fed Chair Jerome Powell overnight. In short, “he indicated that ultimate level of interests is “likely to be higher than previously anticipated”. Fed is also “prepared to increase the pace of rate hikes”. He also warned against “prematurely loosening policy. More here. As a result, […] The post Markets raise bets on 50bps Fed hike, a look at DOW and DXY appeared first on Action Forex... Read More
Posted: Mar 8 2023, 05:30
Author Name: actionforex
Views: 082112

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