FOMC forecast: - 75 bps hike - Continuation of QT at an up t...
FOMC forecast:
- 75 bps hike
- Continuation of QT at an up to rate of $95B/month
- Discussion of slowing down size of rate hikes as early as December to 50 bps
- Continued focus on inflationary pressure
- GDP and strong jobs cited as reasons economy can withstand tightening
$Nasdaq Composite Index(.IXIC.US$ $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$ $Apple(AAPL.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$
- 75 bps hike
- Continuation of QT at an up to rate of $95B/month
- Discussion of slowing down size of rate hikes as early as December to 50 bps
- Continued focus on inflationary pressure
- GDP and strong jobs cited as reasons economy can withstand tightening
$Nasdaq Composite Index(.IXIC.US$ $S&P 500 Index(.SPX.US$ $Dow Jones Industrial Average(.DJI.US$ $Apple(AAPL.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$
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raysun : 50 bps in Dec will not be mentioned directly but they will adjust it with the change of cpi and other parameters
101573075 : This sound like a negative for Sqqq but positive for Tqqq, not sure how keen are they in satisfying the market!
Violets : if they mention the 50 BPS or it's in the notes the market will pump
razo2 : very unlikely for the 50bps. they need to be sure they tame inflation. any form of pivot will only make things worse.
razo2 101573075: try reading up what happened during Paul Volcker. same exact situation we are facing now. if JP cave in I think we all better stock up food for the next 12 years and ready to be unemployed during that time.
PowChuckie Violets: if market pumps and does well, feds will think 50 if not enough next time if market still goes higher. stocks are assets too.
PowChuckie Violets: agree. if they mention 50 or give hint to it in December that causes market to rise, this will further prove economy and assets sparing and make inflation worse. thus means 50 in December will be too low again
102790442 101573075: It's just that austerity isn't completely lifted. If interest rate hikes in November and inflation are not controlled, the Fed will still raise interest rates by 0.75% in December