MAY 25. US sanctions on Russia totally failed…
US FED people had shown strong trust in the US economy in their last FOMC meeting and it gives strength to the market in healthy ways.
However, FED will raise the rate in Jun and July another 0.5% or more but that’s the point we’ve all talked about and agreed on.
So, there was not any big surprise on the MAY FOMC meeting note at all.