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Russell 2000 Technical Analysis
Last week the Fed decided to pause at 5.00-5.25% because it wants to see more economic data before considering further hikes as it tries to find the right level of monetary restraint to bring inflation back to target without triggering a bad recession or breaking something in the economy.Yesterday, Fed Chair Powell confirmed during his testimony to Congress that they are focused on bringing inflation down to target but there’s still a long way to go. In fact, he added that if the economy perform...
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Posted: Jun 22 2023, 09:22
Author Name: forexlive
Views: 110637