The Federal Reserve keept the fed funds rate at 0-0.25% and bond-buying at a $120 billion monthly pace during the June 2021 meeting as widely expected. Fed lifted interest rate on excess reserves (IOER), from 0.10% to 0.15%, due to rising pressures in the short-term lending market. Median projections shows two hikes in 2023.
US500 fell sharply after today’s FED decision. Source: xStation5
ð āļāļāļīāļāļīāļāđāļĻāļĢāļĐāļāļāļīāļ: āļāļĨāļēāļāļāļąāļāļāļēāļāđāļāļĄāļđāļĨāđāļĻāļĢāļĐāļāļāļīāļāļŠāļģāļāļąāļāļāļāļāļŠāļŦāļĢāļąāļ ðž
Morning Wrap: āļ§āļāļĨāļĨāđāļŠāļāļĢāļĩāļāļāļ·āđāļāļāļąāļ§ āļŦāļĨāļąāļāļāļĨāļāļĢāļ°āļāļāļāļāļēāļĢāļāļāļ Micron āđāļāđāļāđāļāļĢāđāļ ð āļāļ§āļēāļĄāļāļķāļāļāļąāļāļāļāļ AI āļāļĨāļąāļāļĄāļēāļāļĩāļāļāļĢāļąāđāļāļŦāļĢāļ·āļāđāļĄāđ?
āļāđāļēāļ§āđāļāđāļāļ§āļąāļāļāļĩāđ 25 āļĄāļī.āļĒ.
Market Wrap: āļŦāļļāđāļāļāļĨāļļāđāļĄāļāļĨāļēāđāļŦāļĄāļāļđāļāđāļāļāļēāļĒāļŦāļāļąāļ ðĻ Rheinmetall āļĢāđāļ§āļ 13%
