: :inin Kyiv (EET)

Fed Worries About Global Slowdown And Strong Dollar (DIA, SPY, QQQ, TLT, IWM)


The Fed has released the Minutes from its latest policy meeting, which show that Officials are concerned about a weakening global outlook and the surprise strength of the US dollar. Markets rallied to highs of the day as investors interpreted the Fed’s stance as indicating a dovish bias. Following the release, the Dow was up as much as 155 points. The Minutes showed that Fed officials were concerned that the US dollar could strengthen further, which could hurt certain parts of the economy and slow inflation. The Fed also discussed that its current inflation forecast is more aggressive than …read more

Source: Business Insider

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