There was lots of Uncertainty coming into this FOMC Meeting, with fears of Interest Rate Hikes rising in view of the recent inflation, which was persistent in spite of the recent weakening of the US Economy, with GDP Growth coming in lower than expectations.
Yesterday, Jerome Powell came out with Surprisingly Good news in spite of inflationary fears, rallying markets from the start of the FOMC Interview. But after the Interview, the markets proceeded to sell off in Droves! What happened?
Find out with Mr Loo in today's video!
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