The Weekly Market Compass #3
Navigating the financial landscape - a week in review
Hawkish Pause Extended
Last week's FOMC meeting, spearheaded by Jerome Powell, brought us an extension of the "hawkish pause." This marks four months without any rate changes after a hefty 500bps of hikes over 17 months. However, Powell made it clear that the door remains open for potential future rate hikes if the need a…