Good Morning,
The Federal Open Market Committee (FOMC) didn’t exactly give the market what it wanted, but the policy statement and outlook have the S&P 500 NYSEARCA: SPY on track to hit new highs. High inflation and high interest rates aside, the US economy is growing, labor markets are healthy, and inflation is tracking lower, which has the Fed on track to cut rates. In the eyes of the market, the statement signals a pivot in policy that should spur economic activity and S&P 500 earnings growth. High inflation and interest rates are a worry in this environment, but the index can continue to climb higher.
For more of the key insights and strategies that could help you navigate these market changes and make informed investment decisions, check out our latest video here. 
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William Bushee
MarketBeat | 
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