🦧 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 …