Fed has no choice but to raise rates due to high inflation rates. Any slowdown in the current rate of increase in interest rates might change sentiment, but does not change current macro conditions (ie. lower inflation rates)- in fact, it might even encourage more spending leading to feds needing to raise I/r even higher to tame inflation. would be prudent to be wary of any rallies and invest only what you can afford to lose, less the tide turns against your positions and you get caught between the rock and the hard place
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