🦧 powell can be wrong sometimes
💡 what happened yesterday with the fed (and powell)?
the fed announced a .75% interest rate hike
us equities, especially tech shares soared after the news at 2pm during the day, as a lot of uncertainty was resolved because 0.75% was the overall consensus
that puts the benchmark lending rate at 2.25% - 2.5%
fed chair jerome powell said more increases could …