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

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