zlance
05-01

All the economic data releases only point to one outcome: fed leaving rates unchanged. 

Data doesn't support rate cut since inflationary pressures aren't easing & fed has no incentive to hike more since it will bring bad press (elections coming this Nov). It will just be cafe chit chit session but fret not, the economists will help to create some korean drama or  Christopher Nolan movie out of it, to give the markers some excitement. 

So skip the fed and go straight to the analyst reports!

Will FOMC Decision Shake the Market?
Following three consecutive months of inflation reports surpassing expectations, traders are currently projecting September as the earliest month for the initial reduction, as indicated by the CME Group’s FedWatch tool. ------------ Will FOMC decision change rate cut expectation? Do you expect 1 or 2 rate cuts this year? Will Powell turn to hawkish or dovish in this meeting?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment