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Russell 2000 Technical Analysis

The Federal Reserve surprised the market by maintaining interest rates at 5.00-5.25%, but with a slightly more hawkish stance, as they raised the projected terminal rate in the Dot Plot by 50 basis points. In order to gather more economic data, the Fed decided to pause at this meeting before considering another potential interest rate hike in July. This decision appears reasonable considering the weaker details in the latest Non-Farm Payrolls (NFP) report and further disinflation observed in the... Read More

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Content Topics

Russell

2000

Technical

Analysis

Forex

Posted: Jun 15 2023, 07:24

Author Name: forexlive

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