The Fed steered clear of a 100-basis point rate hike while communicating some messages that were perceived to be less hawkish leaning, this was then followed up with a discouraging negative GDP print, putting the economy into a technical recession.
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Investors are certainly getting what they want over the past couple of sessions. The Fed steered clear of a 100-basis point rate hike while communicating some messages that were perceived to be less hawkish leaning, and this was then followed up with a discouraging negative GDP print, putting the US economy into a technical recession.
Video Length: 00:01:27
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