Investors are keenly anticipating the Federal Reserve’s policy announcement and remarks by Chair Jerome Powell on Wednesday, hoping for indications of an interest rate cut in September. Economists and swaps traders fully expect at least two quarter-point cuts this year, with the current benchmark rate at 5.25%-5.5%, a peak reached last year. Recent indications of a balanced labor market and slowing inflation bolster the case for reducing borrowing costs. Experts foresee the upcoming meeting laying the groundwork for a September cut, moving towards a more neutral policy stance.
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Posted by MarcusWallstreetGuy
15 Comments
[deleted]
My uncle Jerome Powell said they would so just trust me bro
Will not announce this week. He will do it on jhole like ahole, like he’s always been.
Priced in
They need to test water and go with 25 bp cut
That’d be cool, but I think we have to wait until September.
No. They will not.
I think it will spook markets if he did. My guess is they are ready to, but they know the economy can wait till September and he will speak very dovish and say that most are ready to cut by September and that is their intention pending data received between now and then
cut is almost certainly in september. a rate cut this wednesday would signal that we’re fucked
Feds know that just a hint of sept cut is enough to keep the market going and no real action will be needed in August.
They will cut and market will dip. Period.
Literally LAUGHING OUT LOUD at the experts part, same ones who were expecting 4 or 5 cuts earlier this year
They’ll definitely cut, a hole in your underwear as they bend you over and hump u dry
Wouldn’t a Sept cut lead to accusations of meddling in the Election? I thought they wouldn’t until December.
Buy puts