On the SPOT blog (04/21/2022) [W..]
- Salyl Bhagwat
- Apr 21, 2022
- 4 min read
Updated: Aug 31, 2022
US indices seem to have reversed direction midday after the Federal Reserve Chairman made comments about controlling the inflation. It appears as if 50 basis point rate hike decision is very likely at their May 3-4 meeting. Personally, I think that given the state of the economy, it would be prudent to do so. We'll find out if the markets have already priced in this move or not.
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