Market today

Good signs for the US markets


The Fed reserve left the interest rate stable by considering the factors like inflation and GDP. Hence, the expectations of all reports that the economy might fall into recession has failed.

The Fed reserve’s announcement on interest rates cleared the ambiguity in the investors. Investors developed more confidence on interest rates and that it will remain steady. Consumer spending has also increased. The value of all the goods and services produced in the US expanded.

The investors accelerated stocks and it gave some relief from the recent volatility in the market. The Dow Jones Industrial Average went up three months high, Inflation controlled and Gross Domestic Product increased showing all the good signs for the US markets.