社区

Hey Tigers! Hope you had a terrific day! ☀️ The stock market got slashed for a second straight day as we impatiently await the Fed’s meeting. Each index closed negative. The Nasdaq dipped 1.14% while the S&P 500 retreated 0.75%. The most concerned question is: How fast does the Federal Reserve want to move on drawing down its pandemic-era stimulus? That’s the question that Fed officials will have to answer in its two-day meeting kicking off Tuesday, where the major discussion will focus on the pace of the central bank’s wind down of its asset purchase program. With inflationary pressures continuing to rise, Fed watchers expect the policy-setting Federal Open Market Committee (FOMC) to lean into a speedier timeline. For the Fed, which had in