FED Raises Interest Rate "Projection" is the big newsThis will slow the US economy down hugely. They were talking about finishing the year with 3.50% but now it's up to 4.4% and 4.6% next year higher than the 3.8% predicted for next year.
Being this aggressive will slow the economy down and in the next years, we could see Deflation which would throw the US economy into a deep recession. And let's not forget about all the other countries Central Banks raising rates so expect a global recession plus on news of this the stock markets have turned red and Oil is down only $1 but the FED meeting is still going on.
See where the markets and Oil go for the remaining 2 days once the dust settles