The Federal Reserve will make its final interest rate decision of 2023 on Wednesday. The Fed is widely expected to hold rates steady, so Fed Chairman Jerome Powell’s commentary will be what investors will be paying close attention to. Azoria Partners CEO and CIO James Fishback does not see Powell “actually validating any of that dovish-ness that the market is currently professing,” and states plainly “it will be a hawkish meeting tomorrow,” compared to what market expectations are.
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Get an expert competent guest. how come he expect hawkish?
yeah I have a feeling a lot is not being said here
inflation is not going away as easily as these bankers wish it would. They want him to lower rates so bad because their loans have drastically taken a hit…I have a feeling it will not be so easy in ’24, but Powell is not going to say more than what he knows…and then he talks about what he HOPES happens next year.
Look to the past, when there are rate hikes to combat inflation, it never just goes straight down to the goal like it has so far, there is ALWAYS a bounce up..and I have a feeling there will be a decent size bounce up in 24 at some point. NEVER has it happened that inflation just went straight back down. Powell is only going to say careful things to keep panic in check and then give the bad news only when necessary. 2024 will be a roller coaster.
This guy is both the CEO and CIO. No wonder he doesnt hv time to do his jobs well
Shame on this guy I m still paying double, triple prices of everything in my life (insurance , food, energy , gas etc) as of today. This made up CPI numbers r fake as opposed to real inflation ask any common American …. Go to Costco , Home depot I never saw any decrease in prices