Another 75 basis points rate hike imminent
One is expected on Wednesday and as people have been saying a 75 basis points hike has been priced already. What I have seen during past rate hikes though even though the hike has been priced in already equity markets came down after the rate was officially announced even though it's the exact same number as previously predicted. I believe this upcoming one will be no different
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
Good post thanks