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Market Jumps on Another Fed Hike!

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Most assets across the board were shaken up by the Fed hiking interest rates by 0.75 percentage points.

This was the second consecutive time to fight inflation as recession fears loom.

Chair Jerome Powell said there will be a point where the Fed starts to slow hikes to assess their impact.

So, will the markets be in for another shock when the FOMC meets again?

Timestamps
EURUSD 01:45
XAUUSD 03:25

 

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