FOMC decision drops today at 18:00 utc. press conference at 18:30 utc. 79% chance of a hold. 21% chance of a hike. Rates expected to stay flat at 3.75%. YOU should not watch if they are holding or not. The real signal is the forward guidance. In the last fomc meeting 50% of officials already supported a rate hike. if that number climbs higher today in warsh's press conference language that's the move that matters for crypto, stocks, and precious metals. not what they do today. what they signal for september. A hold with neutral guidance = relief rally. A hold with more hawkish dots = sell the news. A hike = everything down fast. The decision itself is almost priced in. The press conference is where the real volatility lives.
Unknown.AiShare
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