Fed Policy Commentary

Fed Policy Commentary The Fed left its policy rate unchanged. Inflation has cooled significantly from its peak but remains above the Fed's 2% target. Employment conditions are still healthy. Powell reiterated that future decisions would depend on incoming economic data. Economic growth continues, though at a more moderate pace. The latest Federal Reserve commentary was generally viewed as cautiously neutral with a slight hawkish tilt. Conclusion - Possible that we may see 1 rate hike in the next 6-8 months Stock on radar $HCLTECH Commentary is negative IT sector as IT sector is affected in big way from the US and US Goverment. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24