Quote (obisent @ Jul 27 2022 08:46pm)
Fed raised interest rates by the expected 0.75 instead of 1%.
Organic growth here.
0.75 Was expected I'd say.
0.5 was not reasonable....
1 was possible, but not probable.
On the other hand, the market reacted like you say... which is something I do not completely understand. USD down and S&P / NASDAQ up.