It's been nice not hearing from Jay Powell and the Federal Reserve for a few weeks. But we knew it wouldn't last forever and today we had another version of "The Most Important Fed Day Ever!" All was well as the clock struck 2:00 PM and the announcement of a very expected 75 basis point Fed Funds rate hike was made. Even better, the accompanying language seemed to hint at a pause in the pace of rate increases.
Fed day again? Do we have to?
Fed day again? Do we have to?
Fed day again? Do we have to?
It's been nice not hearing from Jay Powell and the Federal Reserve for a few weeks. But we knew it wouldn't last forever and today we had another version of "The Most Important Fed Day Ever!" All was well as the clock struck 2:00 PM and the announcement of a very expected 75 basis point Fed Funds rate hike was made. Even better, the accompanying language seemed to hint at a pause in the pace of rate increases.