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RE: Inflation & Interest rates...
Welcome back @crypto.piotr, it is nice and encouraging to see you active again :)
It came to me as a surprise to see, that markets rallied and pumped after FED announcement. It's like most investors expected that bad news coming from FED will be even worse. And markets pumped in relief that it's not as bad as it could be.
It was a surprise to me as well. How could a piece of bearish news trigger a bullish wave?!! If anything, this also reflect how pessimistic investors were about the FED and its decisions...
Thanks for reading and have a good day :)
The only explanation I could have is that "market" expected even higher raise of interest rates. Many people seemed to expect 1.0 point increase . Instead we ended up on 0.75
perhaps that's the reason