Powell may need to rein markets in at FOMC meeting | Metals Mine

  • Powell may need to rein markets in at FOMC meeting

    From omfif.org

    With a plethora of improved inflation data and softening real indicators, markets are scaling back expectations about the US Federal Reserve’s rate path and betting the Fed will pivot towards accommodation this year. Their optimism might prove right. But for the time being it’s premature and uncertainty still abounds. Fed Chair Jerome Powell may need to rein markets in at the Federal Open Market Committee meeting on 25-26 January. The FOMC is likely to step down the pace of its rate hikes from 50 to 25 basis points. Many market participants are now betting the Fed won’t hike the Fed Funds rate above 5% and will ... (full story)

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fxsport
Jan 24, 2023 11:38am
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Here's the problem: The MARKETS don't believe you Mr. Powell. The BOND markets are calling the FED liars.

Mr. Powell wants to keep rates above 5% for an extended period. Hey Jerome guess what?

The BOND MARKETS think you are full of sh**; AND the BOND markets are pricing in rate CUTS in 2023 4Q!

What are you going to do about it Mr. Powell?

Hopefully you will be hawkish like you were at Jackson Hole. Read a brief 10 sentence statement and walk off the stage. Are you listening Mr. Powell? If not we know who's really in control - the Bond Market
Attached Image (click to enlarge)
Click to Enlarge Name: bond.jpg Size: 104 KB


Yep it's a new sequel FED vs. BOND Battle over the budget.
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rashadali
Jan 24, 2023 11:18am
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İ hope Powell will not change mind and punish this market movers! )
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Ericedge
Jan 24, 2023 2:29pm
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Market makers re at it again dishing out half truth... About to whoop somebody' ass.
Venom47
Jan 24, 2023 11:20am
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Does it effect on gold???
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Ftmofx
Jan 24, 2023 12:39pm
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Good PMI data came in a good place of USD/JPY. RSI weekly chart is showing a carved U shape and the needle up to move upward. Fuel got to move rise
Ftmofx
Jan 24, 2023 1:12pm
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USD got PMI fuel and i is firming now
Trader#A324
Jan 24, 2023 11:09pm
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Regardless of whatever tools people may have that they think is their crystal ball, the future is not yet written. The USD/JPY is around the 130 psychological level. +ve news will push it over and could be headed for the next Fibonacci level. -ve news will just keep it below the 130 yen level thereabout. USD/JPY a very risky trade at this level so be careful.
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Trader#55B1
Jan 24, 2023 11:20am
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Isnt FOMC on the 1st of Feb?
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Trader#3204
Jan 25, 2023 6:59pm
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Let's just keep inflation above 10% all the time. Then we won't have to worry about this back and forth. Just let the economy gooooo.
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