[Investing Ideas] Next Fed Meeting
The major indexes of the U.S. market fell in erratic trading. The reason for dropping indexes is due to Federal Reserve’s tendency to raise the interest rate.
The global market is likely choppy with mixed economic data and high inflation—The Stoxx Europe 600 -0.7%, Japan’s Nikkei 225 +0.2%.
After the worst day last Tuesday since 2020, reacting to a 0.75-point interest-rate increase, Mr. Park expects the stock will rise in the coming week.