The Federal Reserve has decided to hold interest rates steady, potentially fueling the surging market through Christmas. While the Fed’s aggressive interest rate hike has successfully tamed inflation, concerns remain about the potential for higher rates to trigger a recession. If the next inflation reading shows a decrease, it could lead to a positive impact on equity and bond markets. Factors that could disrupt an end-of-year market rally include higher inflation and tensions between Israel and Palestine. The crypto market has faced losses, but it has survived another challenging year and is ending on a high note. This information is not intended as legal or investment advice.
AI Sentiment: Neutral