Jerome Powell didn’t really sooth investors’ nerves at yesterday’s policy statement. He said that the Federal Reserve (Fed) won’t refrain from back-to-back rate hikes to get the inflation situation straight. His words sent the US stocks lower, and the US dollar higher. Apparently, the recent market rout hasn’t given cold feet to Powell and the […]
The post Fed: Hawkish Despite a Severe Selloff Threat appeared first on Action Forex.
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