The Fed waiting game is upon us again. The market reacted last week to Federal Reserve leaders (notably including Chairman Powell) stating that a 0.50% hike in rates at the May meeting was likely. That shouldn’t have been too much of a surprise, but the market is now officially locking that in. The big question – however – is not what the Fed does, but what Chairman Powell says after the meeting on May 4th. Is he optimistic about the future? Does he see inflation peaking? The market is begging for that information. And until then we wait!
Read more here: https://insightwealthgroup.com/the-weekly-insight-while-you-wait/