🐒 $MONKEY explains recent rate hike and its impact
Today at 2pm Fed raised rates 0.25%.
Monkey thinks: “Uh oh stocks go down.”
And they did.
But then around 2:30 PM.
Stocks fly
The Fed is still worried about inflation, projections point toward another possible hike.
investors saw a resilient economy and started buying the dip after the initial selloff.
🐵
