FOMC Meeting this Wed:. 98% market consensus on no rate hike.

17 Sep 2023, 13:20
šŸ“… FOMC Meeting this Wed: šŸš« 98% market consensus on no rate hike šŸ“Š Fed Funds futures align, signaling no change despite inflation woes #FOMC $QUACK #RichQUACK #Cryptoinvesting šŸ”® Rest of the Year: šŸŽ² 25% chance of another 25bps rate hike šŸ¦ JP Morgan's Take: šŸ›‘ Likely no more rate hikes šŸ“ˆ If so, expect SP500 & Bitcoin to rise šŸ‘€ What to Watch: šŸ  US Housing Starts - Tuesday šŸ“ˆ Fed Rate Decision / FOMC Dot-Plot - Wednesday šŸŽ™ļø Powell Press Conference - Wednesday šŸ“¦ FedEx $FDX Earnings - Wednesday šŸ“ Initial Jobless Claims - Thursday šŸ  U.S. Existing Home Sales - Thursday šŸ­ Philly Fed Factory Index - Thursday šŸ“Š Fed's Balance Sheet Data - Thursday šŸ“ˆ U.S. Services / Manufacturing PMI - Friday šŸ™ Trade wisely!