US FED – Hawkish & Precises
Here we bifurcated policy action and statement from press conference of US Fed chair Jerome Powell after US Fed announce policy decision to understands its impact on global assets classes after US fed decision.
Global risk-off across the assets classes have been triggered after US Fed policy. US Fed policy have triggered panic among global central banker as they rush to announce interest rate hike to protect their currency.
Equichain Wealth Advisors: Market View & Opinion
We believe, market is now adjusting to hawkish & precise policy by US Fed as they are now ready to sacrifice growth and willing to see some pain to bring inflation to 2% over a longer period of time.
Time to be prepared for crash landing, earnings season starting from 2nd week of October 2022 will be important event to watch out for before next US Fed meeting on 2-Nov-22.