Dovish, Then Hawkish: What Fed Chair Powell Said That Crashed Markets

U.S. equities rallied following the FOMC’s 75 bps hike in interest rates, only to crash as Fed Chair Powell hinted at higher-than-expected terminal rates.

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Dovish, Then Hawkish: What Fed Chair Powell Said That Crashed Markets

Source: Bitcoin Magazine

U.S. equities rallied following the FOMC’s 75 bps hike in interest rates, only to crash as Fed Chair Powell hinted at higher-than-expected terminal rates.