The Fed Speaks, The Market Ignores

The U.S. Federal Reserve completed its latest Open Market Committee meeting on Wednesday. The Fed’s objective coming out of the meeting was seemingly clear – they wanted to kick the door open for the possibility of another quarter-point interest rate increase in September. Notably, the market decided to hear an entirely different story.

Please click on the link to read more of my article on Seeking Alpha.

Published by Eric Parnell

Registered Investment Advisor

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