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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (131385)3/28/2006 2:52:28 PM
From: bcrafty  Read Replies (2) of 209892
 
jj, what did the Fed say that shook up the market

"Some further policy firming may be needed to keep the risks to the attainment of both sustainable economic growth and price stability roughly in balance" the Fed said, repeating language from the January statement.

marketwatch.com

The drift I'm getting is that today traders are thinking that the presumed May hike might not be the last.
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