The Federal Reserve's latest meeting has resulted in a sharp decline in both the stock and Treasury markets, while the dollar has surged to its highest level since 2022. Although the market had anticipated this meeting, the hawkish tone exceeded expectations, underscored by four key points: 1、Significant Reduction in Rate Cut Projections 2、Notable Increase in 2024 PCE Inflation Forecasts 3、Clear Indication of Upside Risks to In...
The Fed cut rates by another 25 basis points as expected, with one dissenting vote, signaling a slower pace of future cuts. The Fed now projects only two rate cuts for 2024, down from four. Powell noted that the Fed is "close to or at the point" of pausing further cuts and will need additional evidence of inflation progress for further action. This marks the second consecutive 25 bps cut, but Cleve...
Wednesday market was still hesitating and Initially, the major indices traded slightly higher until selling intensified at 2:00 ET before the Fed Chair speech at 2.30 ET, after which, investors express concerns over the Fed pausing its rate-cut campaign, indicating that rates may remain higher for longer. This sentiment followed the FOMC's decision to cut rates by 25 basis points to 4.25-4.50%, as anticipated. The decision...
No more santa claus this year. Run while you can. Buy back in Jan
1、Significant Reduction in Rate Cut Projections
2、Notable Increase in 2024 PCE Inflation Forecasts
3、Clear Indication of Upside Risks to In...
This marks the second consecutive 25 bps cut, but Cleve...
- Markets see 90% chance that they hold rates at January meeting.
- Fed projects two 25 bps cuts in 2025 and another two 25 bps cuts in 2026, with a median policy rate of 3.125%
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The FED identified an annual Target of 2% CPI growth
We are not only above that target but also 2000-2009 rates of overheating.
Remember those times?
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