• No change in FF target.
• Miran dissent.
• Amorphous forward guidance.
• Powell will mostly refer to his video statement in response to the thorny Trump-related questions.
#FOMCguesses
think itll be .25% cut
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No cut #FOMCguesses
Fed goes 50 … paired with a new SEP that has some grim unemployment forecasts. Keeps Trump from going too mad, while subtly undercuts “USA is booming” bombast.
Stocks rally, perhaps past the close, then sell off once the long end trampolines on the “we’ve given up on inflation” signal
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25bps rate cut.
Powell is non-committal on next steps.
Bowman and Waller dissent, looking for 50bps.
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In that case:
Sept odds go up to 75%+ #FOMCGuesses
No change in interest rates.
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NO CHANGE in Fed Funds rate target.
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No change in Fed Funds target.
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Is #FOMCGuesses a thing? 25bps
They #JustGoForIt
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While you're worried about slouvaki, we're ordering apple pie.
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Snooze
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Huge call. RT @IvanTheK: Rates unchanged.
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#FOMCGuesses Na swieta snieg będzie tylko w Zakopcu. #ASZdziennik