This week, Mark & Mike discuss the Fed rate hike decision of 75bp. As markets interpreted the announcement as dovish and a catalyst for a small rally in risk assets, Powell's press conference walked back any dovish bias investors had. Powell made clear to markets, they had no intention of slowing down their tightening "until the job is done".

All eyes remain on the labor market as an indicator for when the Fed's tightening will begin to materialise. The unemployment data came out as this episode was recorded so Mike & Mark break it down in real time. But to hear that, you'll have to tune in!

--

Follow On The Margin: https://twitter.com/OnTheMarginPod

Follow Mark: https://twitter.com/MarkYusko

Follow Mike: https://twitter.com/MikeIppolito_

Follow Blockworks: https://twitter.com/blockworks_

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

--

Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.