According to the statement of the Federal Reserve Council, the policy of 'being under control', regardless of the volatility in the market. Moreover, the Fed asserts that its actions will have an impact on federal rates with consideration of key factors. The situation in the market was caused by the weakened dollar, which ensured support for gold. However, investors still have hopes for a positive turnaround in their business activities. Some experts believe that it is worth waiting for changes in business conditions in the coming months.
In the opinion of analysts, the market's reaction to recent events was quite unpredictable. The drop in the stocks of companies in the technology sector is evident to everyone, but nevertheless, the economic crisis on the horizon is still not visible. Communications about the rise in unemployment and overall difficulties in the market raise some concerns, but the Fed asserts that everything is under control.
"We will continue to closely monitor the situation and not succumb to panic," stated the representative of the Fed.
