Midday Market Minute – June 14th 2023
Will the Hawkish Pause Stop or Stoke Markets?
Will the Hawkish Pause Stop or Stoke Markets? The Federal Reserve did not hike rates today but gave markets little to celebrate, forecasting two more rate hikes before the end of the year. The E-mini S&P finished strongly and the E-mini NQ set fresh session highs, however, commodities such as Gold, Silver, Crude Oil, and Copper struggled.
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