Investors, who were locked in Powell's statements, had a "bear or bull" dilemma. Powell's language of communication left investors undecided. Continue Reading: What Message Did Powell Give to Bitcoin and Stock Exchanges? Bear or Bull?
With the 25 basis point interest rate hike decision announced yesterday, the FED took the interest rates to the highest level of 22 years at 5.5%.
The rate hike decision was in line with expectations and there was no significant change in the text. Afterwards, investors who were locked in [...]
Continue Reading: What Message Did Powell Give to Bitcoin and Stock Exchanges? Bear or Bull?