Jan 29 Fed holds interest rates steady

$NXT $SYM $FIVE

Market

“The Federal Reserve took a wait and see approach even though the President called for lower interest rates, primarily due to the rising threat of inflation. This was not unexpected, but certainly not what the market expected” 😊 😋

Lower after the Fed decision was an expected move

The Fed decision was mostly neutral and expected, but the series of earnings post market including $TSLA $META $MSFT $IBM and $NOW were going to drive the narrative for the next few days.

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