🚨 Big news: the Fed has spoken tough!
Fed chief Kevin Warsh directly told Wall Street:
Stop always staring at what I say about trading—trade based on the data!
Here’s the situation now:
Interest rates haven’t moved; they’re still 3.50%–3.75%
Inflation is still not coming down and remains well above the target
Going forward, the Fed won’t give you advance hints anymore
In plain language: from now on, don’t keep betting on what the Fed might say—just watch the hard numbers.
As for how the market moves next, it all depends on each set of:
• Inflation data
• Employment reports
• And all kinds of economic indicators
With every piece of data released, the market may wobble three times. Don’t believe the rumor mill—stick to the numbers.
Fed chief Kevin Warsh directly told Wall Street:
Stop always staring at what I say about trading—trade based on the data!
Here’s the situation now:
Interest rates haven’t moved; they’re still 3.50%–3.75%
Inflation is still not coming down and remains well above the target
Going forward, the Fed won’t give you advance hints anymore
In plain language: from now on, don’t keep betting on what the Fed might say—just watch the hard numbers.
As for how the market moves next, it all depends on each set of:
• Inflation data
• Employment reports
• And all kinds of economic indicators
With every piece of data released, the market may wobble three times. Don’t believe the rumor mill—stick to the numbers.
