#FederalReserve #interestrates #FOMCmeeting #yahoofinance
Yahoo Finance reporter Jen Schonberger details what to expect from September’s upcoming FOMC meeting.
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If they only do 75 they are catering to Biden
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the federal reserve will crash the housing market like they did in 2008. its time for some pain people.
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Telling everyone that markets are expecting 75 knowing dang well 100 is expected smells like a setup for a bear trap to me.
how do you mean bear trap? Like it will go down or go up? Because anything over the .75 will be a drop and anything below will cause a rally. Even at .75 it would probably rally a bit. Anything over 1.00 will be a free fall today.
@OnceShyTwiceBitten how about 85 bsp?
Gonna be interesting for sure. Let’s see what happens
Fed should raise rate by 1% in September, because the core PCE is not cooling down as expected even though energy price had gone down significantly. Fed is too soft on tackling inflation issue which result in the problem dragging too long to be solved
Is 85 bps possible?
Just do 10% and get it over with