The Fed voted unanimously to hold rates steady on Wednesday, but markets sure didn’t trade like it was a quiet decision! The dollar jumped nearly 1%, gold dropped more than 2%, and stocks closed sharply lower as traders looked past the headline and focused on what the Fed was really signaling. So if you read “Fed holds rates” and then checked your charts with a confused little squint, you weren’t wrong. The headline sounded calm, but the details underneath told a very different story.