Markets Heed Hawkish Fed

<p><img width="612" height="381" src="https://www.actionforex.com/wp-content/uploads/2018/09/f-fed23.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/09/f-fed23.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/09/f-fed23-600×374.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Risk sentiment was forced to turn lower as the Fed delivered its higher-for-longer messaging to markets, projecting fewer-than-anticipated rate cuts for 2024. With potentially one more rate hike to come this year, the US dollar moved back closer to its year-to-date high while global equities tumbled, though spot gold was able to mitigate its losses. […]</p>
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