The FOMC decided to keep rates unchanged, aligning with expectations, emphasizing a wait-and-see approach until there's more confidence that inflation will consistently approach the 2% target. Despite holding the policy rate steady, Fed projections indicate an unchanged outlook for 2024 with a 75 basis point reduction but show a higher long-term policy rate projection of 2.6% versus 2.5% in December. Additionally, Fed officials forecast stronger economic growth in 2024 and a slightly lower unemployment rate than previously expected. Thanks for the pump Fed Chief! ➡️
@ZEROHERO
I closed $META 20240322 480.0 PUT$ ,Exited position with 2 days to go. Will re-enter should there be a plunge from JP’s speech to fetch a better premium. See you in another hour plus. All the best! 💪
I closed $META 20240322 480.0 PUT$ ,Exited position with 2 days to go. Will re-enter should there be a plunge from JP’s speech to fetch a better premium. See you in another hour plus. All the best! 💪

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet