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OANDA – Maintaining Continuity At The Fed, Stocks Rally, Us Data, Stronger Dollar As Yields Rise, OPEC+ Plays Hardball, Gold Hurt, Bitcoin Struggles

FOMC Quantitative Easing FOMC insider information Deficit Ceiling Fed Chair Reappointment Federal Reserve Tapering Jerome Powell Fed Put tapering Fed Officials Tapering meeting FOMC Fed Balance Sheet Real Progress Fed Meeting top Fed chairman performance Lame Duck Presidency boost asset prices Benchmark Rate Unchanged Federal Reserve rate cut today's rate cut

Despite rising pressure from progressive Democrats for a switch at the head of the Fed, President Biden decided that he doesn’t want to change horses in midstream. US stocks are rising as continuity at the Fed remains. Financials surge following Biden’s decision to renominate Fed Chair Powell as financial markets price in more rate hikes […]

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