Quick Poll: Will the US Stock Market Rally Following the Fed Decisions on September 20, 2023?
Hello Mooers!
Given right now that most European stock markets are rallying before the Fed decisions, how will the US stock market perform by the end of trading hours on September 20, 2023?
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Mars Mooo OP : About 72% of Mooers think that there will be no change to the interest rate while around 20% believes that a rate hike will be announced.
For more info, click this link: Quick Poll on the Fed interest rate decisions on 20 Sep 2023
股市宝宝 : The time hasn't come yet.
Mars Mooo OP 股市宝宝 :
SpyderCall : You missed a few indices.
$UK FTSE100 Index (.FTSE.GB)$ $France CAC40 Index (.CAC.FR)$ $Netherlands AEX Index (.AEX.NL)$
Mars Mooo OP SpyderCall :
OceansWave : Although based on polls by Fedwatch, 92 - 99% chance no interest rate increase for September, somehow, investors and traders will still panic and sell off if the overall message is hawkish..
The most interesting part is that Papa Powell will never directly tell you if there will be an interest rate hike again in Nov, and he will always say the Feds are dedicated to combat inflation. They need more data.. end up leaving for different analyst to interpret and the market will really depend on these analyst who influence the market trend..
My guess will be any impact, whether positive or negative outcome.. today the market will remain side ways.. just like the past two days.. the impact will only come starting tomorrow.. this is my guess..
Mars Mooo OP OceansWave :