Market Analysis: The Fed No Longer Deliberately Maintains a Unified Stance

Odaily Odaily Planet Daily News Mark Hackett, Chief Market Strategist of Nationwide Investment Management Group in Philadelphia, USA, commented on the Federal Reserve's interest rate decision: "These dissenting votes may reflect a new trend, where committee members are demonstrating stronger independence and are no longer deliberately maintaining a unified stance. Previously, Citadel Securities released a report calling for a rate hike. Therefore, after the decision was announced, the market is experiencing a wave of relief rally. Nevertheless, it is still too early to draw conclusions about market trends before the Walsh press conference." (Golden Ten)