Fed Kicks Things Off With A Bang

Market reaction to Wednesday’s Fed decision shouldn’t come as much of a surprise. The Fed went ahead with the bigger 50-basis point rate cut, while offering up a balanced communication.

Fed Federal Reserve System Central Banking System United States America — Stock Photo, Image

Image Source: DepositPhotos

Market reaction to Wednesday’s Fed decision shouldn’t come as much of a surprise. The Fed went ahead with the bigger 50-basis point rate cut, while offering up a balanced communication. And so, the US Dollar sold off and US equities pushed to fresh record highs.

Video Length: 00:01:12


More By This Author:

Fed Decision Preview - Wednesday, September 18
Euro Runs Up After Less Dovish ECB Decision
USDJPY Sinks To Fresh Yearly Low

Comments