But I reckon he also said rates sufficiently high to slow economy ...No further hikes needed . Higher for longer will not last long ...maybe delaying the inevitable by 3-6 months max ...imo
Yeah I thought it was overall positive for the market. I bot NASDAQ this morning, I was long gold overnight that did well. Plenty of volatility that's for sure.
Other thing of note is the rate of tapering will be halved. Not more liquidity, but more than there would have been.
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