Miner Company
Traders now see little chance of an interest rate cut this year following Fed decision
All of the positive economic talk out of this week's Fed meeting had a negative impact on investors, who have now taken expectations for even one interest rate cut this year off the table. Market veteran Ed Yardeni called the reaction a "taper tantrum," an allusion to prior periods when investors revolted over the expectation of tighter Fed policy.
All of the positive economic talk out of this week's Fed meeting had a negative impact on investors, who have now taken expectations for even one interest rate cut this year off the table. Market veteran Ed Yardeni called the reaction a "taper tantrum," an allusion to prior periods when investors revolted over the expectation of tighter Fed policy.