Nasdak slices, Nvidia pulls technology less as the federal reserve leaves rates unchanged

The largest development of the Federal Reserve Policy on Wednesday focuses on a shift in formulating the final sentence in the first paragraph of the Federal Reserve Statement.

If this looks like a good slice, then this is.

On Wednesday, the Federal Reserve with regard to inflation said: “inflation is still somewhat high.”

In December, the Central Bank said: “Inflation has made progress towards the goal of the committee of 2 percent, but it is still somewhat high.”

The process of removing the “made of progress” has not been well received by the markets, as the stocks move to the lowest levels in the session shortly after the statement was issued.

Reading here indicates that this change of language indicates a lack of confidence from the Federal Reserve that inflation will continue to move.

After about 45 minutes, Powell again pushed this idea, referring to the change as “cleaning the language” instead of intending to send a signal.

In response, stocks wore their lowest levels.

Even before this question and the answer, the economists in Wall Street were arguing, similar to what Powell was putting.

“The markets have exceeded the small statement modifications,” wrote Samuel Thompses, the chief American economist in Pantheon for a macroeconomic economy.

“Inflation has now been described as” somewhat high “, as it was previously considered” progress towards the goal of the 2 % Committee “, but we doubt that the Q4 average of the main PCE enlargement will match FOC expectations in December, 2.8 %.