It’s been a week since the FOMC gave the market every thing it wanted. After fifteen months it finally got a pause in rate hikes. Pauses in rate hikes are always harbingers of the next rate cut being around the corner.
So, why aren’t markets happy?
Powells Pause Isnt a Surrender, Nor Is it a Victory Lap
| Source: | LRC |
| Published: | Jun 23, 2023 |
| Author: | Tom Luongo |
| Post Date: | 2023-06-23 19:48:11 by Charles_Byrd |
| Views: | 181 |