#Interest Rate Hike#
The FED Reserve will hold their 2022 Sept FOMC meeting on Sept 20 Tues - 21 Wed, and the result of the hike will be announced on Wed.
Market are betting on:
a] 80% probability of 75bps (or 0.75%) rate hike.
b] 20% probability of 100bps (or 1.0%) rate hike.
c] What if, the FED Reserve decided to adopt the Paul Volcker's famous rate hike and goes for 125bps (or 1.25%). The market is still very resilence as if now & in order to ensure ordinary people can survive the essential foods, oil & proper living standard. Wouldn't this be good for the 90% of people who will vite the mid-term election. As opposed to the 10% of the rich people who still are rich enough, although the market might "temporary"go into a recession.
My humble opinion only. Not advising on investment of any particular company or companies, Buy, Sell or Hold. You need to make your own analysis & judgement on the stock you wish to invest.
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