It is worth mentioning here that Fd has gone with the rate Hike and the statement is somewhat hawkish as fed chairman has not lowered the pivot from 2% which was being expected.
Here are key takeaways from the Federal Reserve's interest-rate decision and statement on Wednesday: Fed raises the federal funds target rate by 75 basis points for a fourth straight meeting, as expected, to 3.75%-4% range FOMC statement repeats that officials anticipate "ongoing increases" in borrowing costs but adds a qualifier saying they're aiming for tightening that's "sufficiently restriction.
This is its fourth hike in a row of that caliber, as it battles high inflation. US Federal Reserve has increased Interest rates by 75 BPS. Effective interest rate now is 4.00% from earlier 3.25%
The Fed raised rates 75 basis points for the fourth time in a row, bringing the top of its target range to 4%, the highest level since 2008. Traders immediately raised the market-implied peak in interest rates for next year to around 5.1% after it dipped below 5% earlier in the day.
So, market will remain volatile for the add a tadka of expiry and you know what we mean. However, our clients need not worry as they are going to get profit using our bank nifty option tips as they have been getting profit on other days as we have systems in place.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
