Powell is speaking in less than an hour’s time
Powell has been the wildcard for the whole of 2022, and looks like he will continue to be one this year.
Let’s see if he wants to tame the market. He will probably reiterate Fed’s commitment to keep interest rates high in 2023.
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elyaloy : I think interest rates will remain high for 2023.
Cow Moo-neyOP elyaloy: I think so too
icezzz : His speech consider bearish? But market not moving much ?
Cow Moo-neyOP icezzz: Was he bearish? He said he didn’t want to comment about monetary policy.
icezzz Cow Moo-neyOP: No idea how market interpret
Cow Moo-neyOP icezzz: Haha don’t need to make sense of how market interpret it. If it wants to go up; it will be deemed as good news, vice versa. Trade with the trend
Small bull : Why do we always listen to these fed nonsenses?
We only need to see the fed rates hike announcement, nothing else.
BeBlessed : he didn't talk on us rates policy lol
I was waiting for him...
Small bull : Powell also fed up repeating himself the same words for nearly a year
Cow Moo-neyOP Small bull: Hahaha
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