Hawkish Fed Sparks Risk-Off, Markets in Consolidation

Markets are under renewed pressure this week as risk-off sentiment persists following the Federal Reserve's unexpectedly hawkish stance at last Wednesday's FOMC meeting. The decline that began after the decision has continued, keeping equity and forex markets in a consolidation phase.

Traders are adjusting positions amid expectations of tighter monetary policy, weighing on risk assets across the board. The move reinforces caution in the near term as market participants assess the implications for growth and liquidity.