JAN 26. Good cop, bad cop play by FED?

[01/26] It was a very important day. FED and Mr. Powell have announced their action plans and future schedules to fight against inflations. It was a typical good cop, bad cop game by FED, and the equity market have fluctuated all day long. After FOMC ended, around 2 PM Eastern time, a simple and clear report came out. The interest rate will be raised in Mar and taper quickly which everyone already knows. This was a good…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store