No Fed Hike Today - 2nd Pause (Patreon)
Published:
2023-11-01 13:56:37
Imported:
2023-11
Content
- Anticipated Pause in Rate Hike: Due to rising bond yields, a slight decrease in inflation, and heightened geopolitical risks, the Federal Reserve is predicted to leave interest rates unchanged. This is second pause and a sign that prob the last.
- High Expectation for Steady Rates: 99.6% chance that the Fed will maintain the current rates.
- Focus on Future Rate Decisions and Economic Indicators: Although inflation has slightly cooled, achieving the Fed's 2% target was always a dumb target. Now the fed thinks GDP is strong but it is not - it is driven by debt printing. They want more jobs destroyed before they think about a cut.
- Fed's Strategy and Tone: Fed will keep their hawkish stance while the treasury continues to add trillions in debt. The whole thing is a clown show.
Markets will rally a bit on the pause but depends on his stupid words that follow.