What happens when US FED Hikes Interest Rate

The Federal Open Market Committee (FOMC), which decides on the monetary policy of the United States, meet on 16-17 June and did not raise the Interest rates as per market expectation . After this meeting, Janet Yellen, the Chairperson of the Federal Reserve spoke to the media. Everything Yellen spoke about during the course of the press conference was closely analyzed by the financial media

Posted in: Technical Analysis