FOMC Meeting this Wed:. 98% market consensus on no rate hike.
17 Sep 2023, 13:20
š
FOMC Meeting this Wed:
š« 98% market consensus on no rate hike
š Fed Funds futures align, signaling no change despite inflation woes
#FOMC $QUACK #RichQUACK #Cryptoinvesting
š® Rest of the Year:
š² 25% chance of another 25bps rate hike
š¦ JP Morgan's Take:
š Likely no more rate hikes
š If so, expect SP500 & Bitcoin to rise
š What to Watch:
š US Housing Starts - Tuesday
š Fed Rate Decision / FOMC Dot-Plot - Wednesday
šļø Powell Press Conference - Wednesday
š¦ FedEx $FDX Earnings - Wednesday
š Initial Jobless Claims - Thursday
š U.S. Existing Home Sales - Thursday
š Philly Fed Factory Index - Thursday
š Fed's Balance Sheet Data - Thursday
š U.S. Services / Manufacturing PMI - Friday
š Trade wisely!