Courtesy of Mish.
In today’s FOMC Statement the Fed says the labor market has strengthened, household spending is growing strongly, and economic activity is expanding at a moderate rate.
Let’s see what the market thinks of that assessment.
Commodities Reaction to FOMC Statement
Gold Up, Silver Up, Oil and Copper Down
Bond Reaction to FOMC Statement
US Treasury Yields Lower
US Dollar Reaction to FOMC Statement