Image Source: Pexels
The market got what it wanted from the Fed on Wednesday. The dot plot held to 3 rate cuts in 2024 and Chair Powell then went on to downplay the recent inflation uptick. This resulted in fresh record highs in US equities and a surge in currencies against the US Dollar.Video Length: 00:01:00More By This Author:Market Activity Picking Up As Major Event Risk Nears BOJ And RBA Decisions Trigger Yen And Aussie Selling Lots Of Tension Ahead Of This Week’s Fed Decision