Fed Day

[cawacko]

Powell about to announce shortly a likely 75bps rate hike, but that's not set in stone. Markets waiting to hear his forward guidance for future hikes and long they will last. We shall see.

 

[cawacko]

It's official, 75bps

 

[floridafan]

It's official, 75bps

The market took it in stride, actually a good day so far.

 

[Celticguy]

thought they would go another full point.
once again Powell defers to Wall Street over America.
markets delighted, regular people remain fucked.

 

[Lionfish]