Federal Reserve Jerome Powell Fed Policy update discussion

[quickfeet]

Waiting for the Fed update today, what do you think the response from Powell is after the meeting today?

Dow books 3-day losing streak after Fed's Powell delivers slightly 'hawkish' update on monetary policy

U.S. stock indexes close lower Wednesday, as Wall Street reacted to Federal Reserve Chair Powell's optimistic tone on the U.S. economic recovery and a...

www.marketwatch.com

 

[BigBucnNole]

They aren’t doin shit.

 

[America 1st]

They aren’t doin shit.

This.

Tapering will be light if it happens but the more likely move is nothing at all especially given that things are trending in the right direction for them with the reopening.

 

[BigBucnNole]

I also don’t think they are going to raise taxes.

 

[America 1st]

I also don’t think they are going to raise taxes.

Manchin and Sinema are both against it. It's DOA.

 

[BigBucnNole]

Manchin and Sinema are both against it. It's DOA.

I'm sure more than that. Dem's will get saddled with blame if they raise taxes on a recovering economy and it'll kill them in the midterms. I'm guessing a lot of Dems behind the scenes support Manchin and Sinema. They are just making sure the vote at least looks as close to a republican/ dem split as possible.

 

[America 1st]

I'm sure more than that. Dem's will get saddled with blame if they raise taxes on a recovering economy and it'll kill them in the midterms. I'm guessing a lot of Dems behind the scenes support Manchin and Sinema. They are just making sure the vote at least looks as close to a republican/ dem split as possible.

That and their domestic agenda flys in the face of nation defense needs and they know it.

There is no desire for their domestic agenda.

 

[ChicagoFats]

Fed Meeting tomorrow morning. 88% chance of a .75 basis point rate hike in the Fed Funds rate.

The big information is in what Powell says, if anything, about future rate increases. Will they slow the rate down to .50 pt hike in December or will they stay with the .75 point hike?

The market is primed for a move one way or another, or maybe both ways depending on what he does / doesn't say.

Thoughts?

 

[Rebarcock.]

They aren’t doin shit.

Did not age well

 

[quickfeet]

Fed Meeting tomorrow morning. 88% chance of a .75 basis point rate hike in the Fed Funds rate.

The big information is in what Powell says, if anything, about future rate increases. Will they slow the rate down to .50 pt hike in December or will they stay with the .75 point hike?

The market is primed for a move one way or another, or maybe both ways depending on what he does / doesn't say.

Thoughts?

I was hoping they would already come down to 0.5pt this time, but I think we still bump up 0.75 the next few meetings. Relative to where we have been the previous years, rates are high, but they aren’t beat being a historical outlier

 

[quickfeet]

Did not age well

He’s had a ton of incredibly hot takes that have proven to be consistently wrong. I know he likes to troll but his ego is too big not to argue economics, and his insight there has been complete dog shit

 

[BurntJ]

Did not age well

Oh its ok....he will just start a new thread and lecture everyone b/c TODAY he is pretending to be a markets/econ analyst.

 

[BurntJ]

He’s had a ton of incredibly hot takes that have proven to be consistently wrong. I know he likes to troll but his ego is too big not to argue economics, and his insight there has been complete dog shit

Perfectly stated Bro!!

 

[Rusty Student]

They aren’t doin shit.

Try again, dork.

 

[BigBucnNole]

Did not age well

Only took you from June of 2021 to the following March and six fed meetings for me to be half wrong. Good job though. Yall take W's where you can get em.

 

[BurntJ]

Only took you from June of 2021 to the following March and six fed meetings for me to be half wrong. Good job though. Yall take W's where you can get em.

What. A. Fuckin. Loser