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S&P 500 Technical Analysis
We keep hearing from many Fed members that they are waiting for more data to decide how much more they should tighten. In fact, although the majority of them expects two more rate hikes this year, they keep repeating that these decisions are conditional to the data. Fed Chair Powell repeated again yesterday that the economy is still resilient and that he doesn’t exclude two consecutive rate hikes if the strength in the labour market persists. The data we got after the last FOMC meeting reinforce...
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Posted: Jun 29 2023, 07:44
Author Name: forexlive
Views: 110712