Was anyone surprised by the feds interest rate hike yesterday?

Turns out, yeah, a lot of people actually were.

Motley Fool Money starts now.

I'm Chris Hale joining me today.

He's backed by popular demand, Motley Fool Senior Analyst Bill Mann.

Thanks for being here.

That guy asked for me to come back and that's all it took, huh?

Well, in this case, that guy is me because I wanted to talk to you about the fed and the

announcement yesterday afternoon.

And I said on yesterday's show, I think the way to bet in terms of what happens is that

there will be some sort of extreme reaction.

And I feel like I won that bet because Jay Powell came out and said, we're going to hike

rates by three quarters of a percent, which is the number that almost everyone who has

been talking about this used when talking about this.

And the market just went straight down.

And I asked you, who was surprised by this?

Who was just like, holy cow, I didn't think this was going to happen.

It's like, really?

That was all anyone was talking about for days, if not weeks.

That's like, you were serious about that?

In all seriousness though, it really wasn't my cousin of any reaction, wasn't it?

It was.

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