Morning Note | June 15, 2023
Good Morning!
Markets are moving up as interest rates are dropping following the Federal Reserves meeting yesterday.
Most consider the FOMC meeting yesterday delivered a hawkish surprise to the markets without actually raising rates. They all but announced July's meeting that a 25 bp hike is coming.
The dot plot [where each Fed official forecasts Fed Fu…
Keep reading with a 7-day free trial
Subscribe to Yield Hunting to keep reading this post and get 7 days of free access to the full post archives.