BE WARNED: the weak AI stock, and ALL my other short targets, trade within ENTRENCHED BEARISH DOWNTRENDS, so they NEVER can experience dramatic sustained leaps of any kind. That is why they trade RED most of the time or, on the few occasions they trade green, they forever struggle for puny pennies deadcat burps LOL $C3.ai, Inc.(AI)$
The market had initially expected the US Federal Reserve to increase interest rates by two percentage points in March before the banking crisis erupted, and expectations were reduced to one percentage point. As expected, the Federal Reserve announced a one-percentage-point interest rate hike, causing the market to rise before falling at the end of the session. Although the rate hike should have stimulated the stock market, what did Powell say that caused concern in the market? Future rate hikes are a consensus Firstly, a one-percentage-point rate hike indicates the Federal Reserve's cautious stance towards the recent banking crisis. In addition, according to the interest rate dot plot, the Federal Reserve expects to raise rates only once this year. The tone has changed from "continued incr