Not Your Puppet: Fed Chooses A Rate Hike Over Trump’s 1% Target (SP500)
· seekingalpha.com
Fed’s 25-bps rate hike was necessary to preserve credibility and prevent bond market instability amid inflation and energy prices. Read full analysis here.
Yesterday was a very important day for the global economy, as the FOMC meeting could have sparked panic across the markets. The stock market was already discoun...