How the Fed Drove a Rally in Bonds and Stocks | Metals Mine

  • How the Fed Drove a Rally in Bonds and Stocks

    From scotiabank.com

    Happy Holidays. The FOMC wants to wish you a very merry year-end. They pulled off a dual rally in bonds and equities by putting significantly more balance sheet in everyone's stockings paired with a rate cut and unchanged projections for modest further easing. That offset the fact that Chair Powell conditionally leaned toward taking a breather on further policy rate adjustments in favour of seeing how the economy performs after 175bps of cumulative cuts from the 5.5% peak last year and 75bps since September. Conditional, that is, upon how missing data evolves. That’s all very, very tentative with a shelf life ... (full story)

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Trader#E11C
Dec 11, 2025 1:21am
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Quoting Trader#0D3D
In 'Chart 2 Longer Run' in above full strory, why is there only 18 dots whereas for all other time frames there are 19? Each dot is a voting member of which there are 19.
Seems Miran didn't predict anything in the longer run projections. Bullard used to do the same saying any projection beyond 2.5 years is worthless. Not really a big concern there I guess?
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Trader#0D3D
Dec 10, 2025 9:19pm
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In 'Chart 2 Longer Run' in above full strory, why is there only 18 dots whereas for all other time frames there are 19? Each dot is a voting member of which there are 19.
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