With Powell's comments and the lack of firmer data, the market t
Federal Reserve Chair Jerome Powell said in his testimony to Congress that further interest rate rises are likely ahead if the economy maintains its current trajectory. Meanwhile, the Bank of England delivered a larger-than-expected 50 basis point rate hike on Thursday, stoking fears of an economic slowdown in the UK.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.