So, as expected, we have a pause in the rate hikes!
However, Jerome Powell and the Fed now expect the Fed Funds rate to be 50 basis points higher than the current level at the end of this year.
What do you think?
So, as expected, we have a pause in the rate hikes!
However, Jerome Powell and the Fed now expect the Fed Funds rate to be 50 basis points higher than the current level at the end of this year.
What do you think?
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They are doing well there and want to avoid the mistakes of the past. If it was like that everywhere, it would be good.
Powell does it very well and very carefully, I'm rooting for him. I just wouldn't want to be in his shoes and take the insinuations and criticism.
Exactly I agree, even if it's not Powell's fault and you're doing it right, all others do is berate and criticize him anyway.
It's an extremely difficult position, and especially a few months ago it was. I don't think anyone wants to experience that.
They should take inspiration from the next lift here, but they should have done it 7 months ago...
Why does every retail investor think they could do it better than an expert who is well paid and has the data to do it? Nothing against you, I just keep running into smartasses who would do it differently and better.
It's fine, I'm just assuming it doesn't fit. In the US inflation is 9% and rates will be over 5. Here we were almost at 20% and rates are still at 7.
If the rate is expected to be higher at the end of the year, that should cool the market and it will come out on the side. You can see the probabilities here
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
For me, it looks quite friendly and above expectations "rosy" :)
I was expecting something like this, but I don't think it has scared the markets too much yet...
Well, probably as expected...The market is reacting accordingly and we'll see what the press release is in a minute.
Look, I guess I'm not even surprised. I was expecting a pause and some sort of reminder that the cycle of increases may not be over yet.